Thread: Short Sale Tips
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Old 10-10-2008, 05:00 PM   #10 (permalink)
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Wink Re: Short Sale Tips

Quote:
Originally Posted by Worried View Post
Hello Loansafe.org,

You are so great. My lender is asking me to do a short sale on my rental. My questions are:

1) Will I be responsible for the difference in the amount I owe and the short sale amount?

2) How will a short sale appear on my credit report.

My lender is Washington Mutual. Whoo hoo!
Hi, worried, welcome to this forum.

I find this thread from Moe very helpful to answer your questions:


The affect on your credit from foreclosures, short sales and deed-in-lieus


It will really help you, thanks for Moe, *** and Prof Shays and Andrew



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