Home Mortgage

[gmogus]

What is the name of your state? Ohio

i want to sell my home and i know i will not get what i owe for it. can i do this and what are my options with the remaining balance.

 

[john123456]

You'll be responsible for the difference.

 

[HomeGuru]

What is the name of your state? Ohio

i want to sell my home and i know i will not get what i owe for it. can i do this and what are my options with the remaining balance.

**A: depending upon your current financial situation ( ie. ready to file BK or be forclosed upon), the lender may approve a short sale.

 

[HomeGuru]

You'll be responsible for the difference.

**A: not in all cases.