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Property Not Primary/ Not rented- vacant/ Owe 135K/ Value ~55K: It's 80K short to pay Schwab Loan off at possible sale....
Schwab said I could short sale even if NOT in Default. But not much else about, will they forgive the loss? Or....
Will they come after me for what they don't get since it is not a original purchase Loan but a home equity line of credit received after a cash purschase to pull the $ back out. The situation is complex though since it is the only trust deed on the property, so therefore IT IS aFirst TD that is a Home Equity line of Credit. Any opinions appreciate since I have assets they could try to attach after short sale....