My lender wants me to pay $52K to short sale my hous...

Submitted by ramonsantos from CA - 06/08/2009 - 5:24pm

My lender wants me to pay $52K to short sale my house. They will put me on a 17 yr payment plan of $300 per month. Should I agree to this or just walk away? Please HELP!! Thanks in advance.

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Comments

Submitted by Sean - 06/11/2009 - 10:01pm

Depends. How many loans do you have? Are they the original "purchase money" loans, or are they refis?

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