Can a lender agreeing to short sale keep you out of foreclosure?
Thursday, December 3rd, 2009 at
3:30 am
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Tagged with: Bank Foreclosure • Coworker • Debt Relief • Foreclosure Process • Mortgage Debt • Relief Act • Short Sale
Filed under: How To Get Out Of Debt
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Yes, if the lender agreed to a short sale they gave him a time limit to find a buyer. They will not do anything during that time limit as long as he is making payments. If he is not paying them they continue to ding his credit, but not foreclose.