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Short Sale

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Sofia

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Post Posted: Tue Feb 15, 2011 1:26 pm    Post subject: Short Sale
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Can i modify and in the same time short sale the property in case my mod gets rejected.
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jameshogg




Joined: 20 Dec 2005

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Location: Nevada
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Post Posted: Tue Feb 15, 2011 7:45 pm    Post subject:
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Hi Sofia,

You can apply for a loan modification if you're delinquent on your payments. However, you can apply for a short sale if your request for modification gets rejected. But it will be the lender's discretion whether or not he will accept your request.

Thanks
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