My daughter owns a property. She owes $450.00 There are 4 of us in the deed. Only my daughter & my husband are in the mortgage. However, my daughter changed to a new job taking a drastic cut. My husband is laidoff. My daughter’s husband is also laidoff. I have been on permanent disability since 1996. We would like to do a short sale. My daughter’s husband & I are not in the note. If we ask for short sale, would the bank go after my husband & my assets. We have our own house plus an income property. But this income is my husbands income since he is not working! How do we manage to get our debt forgiving? Thank You
Can We Do a Short Sale If There Are Four of Us on the Note? - Haydie by Consumer
This is your chance to be a hero and help out this person by providing your feedback and answer to the question in the comments section below.