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To: RetiredArmy

Some good advice here. I would definitely talk to the bank about a short sale. I don’t know all the ends and out of doing this, but it has helped a lot of people out and the bank would rather get something than nothing.

Also renting the home may be an option, if there is someone who will be able to keep an eye on the place. Some real estate companies will help you check out renters and have a list of companies available to fix things.

I saw an article recently where the mortgage company came after the person in default. Since he is going to a new job, the bank may be more likely to come after him.


52 posted on 10/10/2011 12:35:19 PM PDT by FR_addict
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To: FR_addict

I talked to my wife about that short sale thing. Honestly, I had not heard of it. She had and had some info on it in her more established brain than mine and told me all about it. That makes sense if the bank buys off on it. Thanks.


59 posted on 10/10/2011 4:08:51 PM PDT by RetiredArmy (If you continue to put up with garbage, then all you will have in the end is GARBAGE!)
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