Yes, this was the house i grew up in, we have lived in this home <my husband, myself and children> for the past 5 1/2 years. We moved in here to take care of my father. It's been in our family for over 50 years. Does "at arms length" not related to the borrowers?
We have been trying to get a modification on our mortgage for 2 years now, finally they are telling us they don't think they can help us. My father and I are the only two on the loan. If we would decide to go for a short sale, could my husband buy the property in his name?? Since he is not on...