Short Sale FAQ's-Current on mortgage-Will Lender Accept Short Sale?Â I am current on my mortgage, so will my Lender consider a Short Sale? The answer is, maybe. Some Lenders will consider a Short Sale offer on mortgage loans that are not delinquent. Other lenders will not consider a Short Sale offer until the loan is delinquent. We will work with you to put your Short Sale offer together and submit it for approval (remember, there is no charge for this). That is the best way to determine if your Lender will accept a Short Sale offer on a loan that is current.
Avoid Foreclosure-What Are your Choices?Â Sometimes walking away may be your only option. This may be the case especially if you feel you've exercised every option, including a loan modification. But before you walk away, make sure you know whatÂ your optionsÂ are and how they will affect your credit. You may be able toÂ Avoid ForeclosureÂ and walk away with less of an impact on your credit than you think.
Copyright Â© 2010 By Stephen Munson,Munson Realty Southern California Real Estate â€“Homes For Sale Pasadena ca*Avoid Foreclosure-What Are your Choices?*