Home Buying in 63129>Question Details

Rfidds, Home Seller in 63129

we are in an upside loan and behind in payments doing short sale we purchased a mobile home for cash is that going to be affected?

Asked by Rfidds, 63129 Wed May 23, 2012

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James Michael Elfrank’s answer
The short answer is no. The short sale will not be affected by owning a mobile home that you are using for a permanent residence. Factors that may affect the short sale would be the amount of liquid savings you have, etc. To ensure all your questions are answered correctly, I suggest contacting a real estate attorney. One that I recommend is Elizabeth Kayser at the Kayser Law firm 512-218-0301 or 866-995-4887 or 727-458-3203.
1 vote Thank Flag Link Wed May 23, 2012
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