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Comments

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  Dora Wallace March 21, 2011 at 2:56am

  Should the non-borrowing spouse be quick claimed off the deed?  Does that really matter?
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  Bill Travis March 20, 2011 at 1:44am

  Thanks Bryant, that was what I was thinking, so I had asked the spouse to furnish his financial information since the wife is a home maker. I appreciate your response.
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  Bryant Tutas March 20, 2011 at 12:02am

  Hi Bill, Only the person on the loan goes through the short sale process. All owners have to agree to the sale and sign closing docs. However some lenders will take into consideration family income when it comes to deciding whether or not the borrower will need to contribute to the loss.