If you have two different properties, can you short sell one and keep the other without the bank going after the one you are residing at?

Asked by Jacky.her, Las Vegas, NV Tue Oct 2, 2012

If you have two different properties, can you short sell one and keep the other without the bank going after the one you are residing at?

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Matthew Heitmann Team’s answer
Matthew Heit…, Agent, Madison, WI
Tue Oct 9, 2012
Although I agree with Tom Mikel whole heartedly, I also will say that I have completed short sales where an investor short sold his rental and kept his personal residence. There was a partial promissory note involved though.
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Tom Mikel, , 53716
Tue Oct 2, 2012
While we are all real estate professionals, this is a question that you need to present to your attorney.
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