Quote:
Originally Posted by Worried 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
Faith