If you'd like an attorney to help you get approved for a short sale I'll put you in touch with our attorney office who has high success rates in getting short sale approvals for our sellers. Their small fee will be paid by the lender, not by you, upon the sale of the house. 770-438-1975 Best of luck.
unfortunately due to the state of the economy tons of people are in the same position as you are right now. The good news is that there are companies that understand that times are hard and people are going to need a second chance. My husband and I actually work with people that have lost their homes to foreclosure and are now interested in renting. Approval to rent the properties that we list are based on employment. Since you said that your employment history is strong I encourage you to take a look at some of the properties that we currently have available and give me a call. Best of luck to you! Summer King King Realty Group LLC 404-271-0610 http://www.rentinghomesfast.com
Solid Source Realty, Inc.
I'm sorry for your situation. You are in good company with many people in the current economic tough times. Before you give up, please consider all of your options and make an informed decision while you have options available. Some of your options include, but are not limited to a Short Sale, Bankruptcy (which can extend your time in the home and perhaps allow you to recover) deed in lieu of foreclosure and outright foreclosure.
There are attorneys who can better advise you of the consequences associated with each choice. If you are financially unable to afford one, seek the state bar association for someone who can help for free.
To answer your question directly, each landlord will determine what level or credit worthiness is acceptable to them. Because so many people have gone through what you may be, there are some that are more flexible than others. You may find that writing a letter explaining your difficulties to submit with your application may be useful in improving your odds. Best of luck.