Asked by Lia, Lake Hopatcong, NJ • Wed Mar 24, 2010
I got a house through an FHA loan last year. In the mean time, my husband got a job in other state and we relocated, while our house is on the market for sale now. My realtor suggested to do a "short sale" because "your house will never sale at that price, and there is a lot of competition". My payments are up to date, and even though is not easy, I am joggling it all, including rent to an apartment right now in the new state. A short sale will affect our credit and we wil not get a house until like 3-5 from now on. The question is : CAN I RENT MY HOUSE? Is that correct legally? Thank you in advance for your comments
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