After trying to get a loan modification since March our lender finally came clean and said we didn't qualify that we should try and re-fi.
We called a bank and we didn't qualify. We're done! We concede! We're going short sale and hopefully we can recoup in a couple years w/our credit rating. QUESTION: do we have to keep paying our mortgage once we enter into a short sale? We could use the money for our new digs (rent). Please advise.
Weeping in So. Bay
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Answered Thu Sep 17 2009, 15:48 by Elisa Russo in Torrance Beach
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