Can I avoid a Short sale of my home by turning my Heloc into a unsecured loan?
My 1st mortgage is $ 169,000 my 2nd(heloc) is $ 82,000 total of 251K, current market in Fl. I may could get 220K for my home. To avoid short selling will the bank consider an unsecured loan for either the entire 2nd or the short amount 31k in this case? So i guess my question is do banks give unsecured credit up to 30k, my wife and i both have 700+ credit also