Financing in 93561>Question Details

Sinkorswim, Both Buyer and Seller in 93561

How can I short sale my upside down home in Ca. and buy a downsize home in phoenix

Asked by Sinkorswim, 93561 Wed Sep 15, 2010

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You may want to stay current on your payments and put the home in AZ in escrow and then sell your existing home. If possible purchase the AZ home and then short sell or deed in lieu.
0 votes Thank Flag Link Fri May 10, 2013
It will be difficult to short sale a home and then purchase another. The short sale will effect your credit worthiness for another home purchase for some time. I would suggest consulting with an attorney to see if a short sale is the best option for you.
0 votes Thank Flag Link Mon Sep 27, 2010
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