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Updated over 10 years ago on . Most recent reply

Account Closed
  • Jersey City, NJ
2
Votes |
31
Posts

Can an owner Short Sale while in a Loan Mod (in New Jersey)?

Account Closed
  • Jersey City, NJ
Posted

Hi All, 

I have a question that I am not quite clear about and was hoping someone has dealt with before. 

Does an owner who is currently in a loan modification and making payments on it have the option to short sale the property? Is this something that is up to the lender or is it even possible in the state on New Jersey?

Thanks in advance.

Luke

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