Mortgage company is requesting a short sale on my home for $18,000...

Take control and sell the home your self for hopefully more than 18K and move into an apartment.

More info needed, but in general, if your score is 500, you are correct.. there is no loan available for you.. and if you are underwater on your home, it's best to short sale rather than having it foreclosed.. with a short sale, you control when it sells. Since all major derogatory credit events have mandatory waiting periods before you can qualify for a new mortgage.. doing a short sale gives you the best options and the lender loses the least amount.. As far as back taxes go.. it's possible you wont have to pay anything.. contact the IRS and explain your hardship.. they will have you fill out a financial statement have you provide income and expenses documentation, and based on all this info, they will determine what you can afford to pay, if anything.. I'm a preferred Lender with Arizona and California being my primary markets. If you or someone you know is looking for financing options, feel free to contact me or pass along my information. 480-287-5714 WilliamAcres.com NMLS# 226347 / RPM Mortgage NMLS 1541014 / AZMB0121893

Email me at kitsy@ohiocapitalmortgage.com and I might have someone that can help you, Kitsy BurtKitsy BurtNMLS#230669614-891-9000