Can I short sale a house when I have a first and second mortgage from different lenders?
the house is worth less than the first mortgage. I am in south florida by fairma_777 from Key West, Florida. Aug 1st 2011
Barrett Stokes (barrett)
#46 ranked lender in Texas - 25 contributions
To answer your question "Yes" the first lien holder has the authority to negotiate the term of short sale and the second lien holder will follow.
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