September 30, 2009

Mark’s Short Sale

Filed under: Short Sale

We sold our Minnersota home as a short sale a year ago.  There was only one mortgage on the property.  Are they able to come after us for the deficiency a year later.  On the credit report the mortgage company listed it as “settled”.

Thanks!
Mark

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Hello Mark,

It sounds like it’s settled, but you’d want to take a look at that estoppel letter to be sure.

Thanks for the questions and hope this helps.

Paul

This author is not an attorney and this information should not be considered legal advice.  Please consult an attorney for legal advice.

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