Posted on: 16th Dec, 2010 05:58 am
I am selling my home as a short sale. We have accepted an offer and have submitted everything to the bank to see what they are going to decide to do. The deficiency is going to be 45K. Is there anyway to not have this affect my credit? We are not having trouble making our mortgage payments, we are moving because we need to get into a better area for our children. If not, how long is one's credit affected? Would it be wise to get an attorney in on the negotiations in addition to the short sale team?