Legal Question in Real Estate Law in Missouri

We were discharged of ch 7 bankruptcy in October 2010 and didn't reaffirm our house. We short sold out house after the bankruptcy. The lender released the lien as paid in full and paid on our credit report. We have since bought another house and are trying to refinance it. The lender needed proof that the our previous house didn't foreclose. They received the paid in full lien release, the clean credit record, and the hud statement. The uw doesn't want to approve the loan because he is certain it was a short sale but can't prove it. I have disclosed that it was indeed a short sale. They still can't take my word on it. They want us to do a credit supplement to prove a short sale. should we sign the form to do this supplement? Will it have any negative effects?


Asked on 3/14/15, 9:26 am

1 Answer from Attorneys
Anthony Smith LawSmith

Your questions effect more variables than can be determined by the few facts that you were able to provide here. You need to consult directly with a civil or real estate practice attorney in your area.

Good luck

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Answered on 3/15/15, 4:27 am


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