Asked by kimortega69, Boise, ID • Sun Feb 3, 2013
My husband is active military and he bought a house 5years ago, and pcs'd 600 miles away 3years ago. We have been renting this place and are now tired of loosing money and want to put it on the market.
We are under water for $45000. We are thinking about the shorts sale option now.
He FICO score is 790ish and I'm worried about how low his FICO score will go down after a short sale.
I also worried about his clearance for his career too. He is an officer and I'm also worried what this will do anything for any future promotions? Should I do a short sale or should we keep renting it out and deal with all of these headaches?
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