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Updated over 14 years ago,
Short Sale
I recently lost my job and in order to support my family I had to move to another state. I have my home up for sale as a short sale but not getting any hits on the home for what the bank wants. I was wondering if I could buy the home from the bank for the short sale price and put it up for rent? I could cut the mortgage almost in half if I do that which would open the option for me to rent it. That would allow me to move and buy another home in state that I am currently employeed in.