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-   -   Selling home (https://www.askmehelpdesk.com/showthread.php?t=260451)

  • Sep 14, 2008, 03:56 PM
    Pirate11
    Selling home
    Hello;
    I have a house in Maryland near Baltimore. I have had it on the market for 1 year now and I am getting bids $20-30K below what I owe on it. Can I sell the house for less than what I own and pay the Mortgage Company the remainder without hurting my Credit?:(
  • Sep 15, 2008, 12:01 AM
    CESElizabeth
    To the best of my knowledge yes, as long as the debt is satisfied it will not effect your credit. Have you thought of doing a raffle on your house, or putting it on Ebay, if you are willing to take that much of a loss, try a creative way to sell your house and possibly not take as large of a loss.

    Frankie

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