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No, it should not. You will have a few hurdles in this situation. One, the property is not your primary residence. Hopefully the mortgage against the property is a bank owned or private investor owned lien as if it’s owned by a bigger investor (Fannie or Freddie), 2nd home short sales are tougher to get through. Next, I pray you don’t have either a home equity or mortgage insurance on the property in florida as if you do, you will most likely have an issue due to deficiency rights both the lenders and the mi company have in those states. If you get approved, make sure you read your approval letter, don’t take some realtors word for it, make sure the approval letter states any deficiency rights are waived. Good luck
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