Are mortgage lenders more lenient to defaulted payments if you tell them your home is up for sale?

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If you have equity in the property of course.

  1. Reply
    August 7, 2011 at 4:52 am

    Not necessarily. They are more likely to work with you when they can’t sell the homes they have already foreclosed on. They really want the MONEY, not the house. ANYTHING that increases the chance of getting paid won’t hurt.

  2. Reply
    August 7, 2011 at 5:19 am

    No……why should the care…….they just want their money not your house………

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