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Short sale
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Hi, The house I am purchasing is in short sale, and it was appraised for less than the asking price. My agent told me that because of what the home was appraised at, the bank is not going to fund more money than that, therefore my contract is null and void. Do you think I will have to...
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I sold my house over 4 years ago via a short sale because I had been laid off and could no longer afford to pay my monthly mortgage. I received a letter in the mail yesterday, Feb 22, 2007, from HUD saying that I owed them $4900. I can only assume that this is from the property that was sold 01/03,... View more questions Search
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