If you have savings or the ability to make payments on the short fall I doubt any lender will approve a short sale. At least they shouldnâ€™tâ€¦
Donâ€™t go moving money around because of my comment, hiding money in a short sale is fraud. The same government that audits you is the same one that audits the lender. Good luck,
NMLS # 6395
Financing Kentucky One Home at a Time
I answer questions about financing real estate based on my decades of experience dealing with mortgage underwriters. This answer is my personal opinion, has not been reviewed or approved by the company I work for. I do not offer legal or tax advice, if you need answers from an attorney or CPA find one knowledgeable in your local market.... more
Going through a short sale is not easy. Ask your agent if he or she has experience in doing short sales. I also recommend talking to a loan officer at Univest Bank, they are very helpful and you may be very surprised and relieved at what you learn!... more
The Montgomery County PA market is up almost 13% from 2012. I am in the Schwenksville area and have seen positive movement this summer in homes in that price range - 3 sold in the borough in the month of June.
Real Estate Enthusiast
Keystone Property Connections
Office: 610-692-6200... more
I have a 3BR, 2.5BTH, Townshouse in Rittenhouse Square which should be available by mid August. This community is located in the Collegeville/Trappe Area. The monthly rental will be in the $1,450 range. If you have any questions I can be reached at 610-564-0970.
Continental Realty Co., Inc.
700 W Germantown Pike, East Norriton, PA 19403... more