To make a long story short a neighbor of mine came in to a large settlement. He is now buying a larger home for his family (with a new loan) and they plan to complete the purchase and them short sale or forclose on their current home after they close escrow on the new house. I am affriad this will decline the value of my house. He is a friend of mine so I am happy for his family, but at the same time he is unintentionally screwing me. Honestly I'm not sure if he will be able to close on the new house while have 3 loans (1 on the new house and 2 on the current house) Any thoughts.....
Home Values and Short Sale 
Linear Mode
