How easy is it to get a mortgage lender to agree to a short sale and waive the remaining debt?

dflog asked:


I have two homes with one mortgage on each (same lender). One home is now in negative equity and has a high interest rate on the mortgage. Even though the bank refinanced the home only two years ago as an 80/20 loan, they will not allow me to refinance now. I thought about renting until the market get’s better but I can not cover all of the costs.

Hershey PA Real Estate






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