asked on April 7, 2019

Is it possible to sell for less than my mortgage?

My mortgage is more than what Ive been told my home is worth but I cant stay here. What are my options????

Answers to the question:

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Re: Is it possible to sell for less than my mortgage?
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A "short sale" is for home sellers who are upside down on their mortgage. The home's value is less than the amount of the mortgage. A hardship must exist, then sometimes home owners can negotiate with lenders and split the difference between the sale price and loan amount, which still mus […]

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