Quote Originally Posted by 00CelicaGT View Post
I thought that you had to be current with your mortgage in order to do a short sale? I always thought a short sale was to help those who were upside down beyond belief be able to get out of The house with out taking a huge loss?
No, you dont have to be current but every situation is different. Banks prefer to sell short because they lose less money in a short sale than they do in a foreclosure.