will heloc affect short sale

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Short-Sale A Second Mortgage – Sherman Oaks Real Estate

by Mario Acosta August 3, 2011 Local Topics

How Does a 2nd Mortgage Affect My Short Sale?

Yes, you can still do a short sale if you have a 2nd mortgage such as a Home Equity Line of Credit (HELOC) on your Sherman Oaks real estate, however it can be more difficult depending on your specific lender.  It is important to understand that HELOC …

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