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Walk away from housing loan

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Anonymous

18y ago
Updated: 8/16/2019

If you mean a home loan, try a "short sale." You call the loan carrier and get his consent to allow you to sell the home for less than the mortagage you owe, in exchange for the lender's erasing any outstanding debt. You can handle this yourself, but you might need a broker to handle it. in this market, the lender will probably agree to your terms (he'd be stupid not to). Your credit will be saved this way. Good luck.

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Wiki User

18y ago

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