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Short Sale Qualification

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Icon Mini Profile amersg





Joined: 17 Mar 2011

Posts: 1

1.23 Dollars($)
Post Posted: Thu Mar 17, 2011 4:32 am    Post subject: Short Sale Qualification
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Do I qualify for a short sale if I have a trustfund
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Thu Mar 17, 2011 7:14 pm    Post subject:
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Hi amersg!

Welcome to forums!

If you're facing severe financial hardship and have become delinquent on your mortgage payments, then the lender can consider your request for short sale. If you have money in your trust funds, then the lender may ask you to use that money in order to pay your mortgage dues.

Feel free to ask if you've further queries.

Sussane
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