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need to add title here

Ask the Experts: Real Estate

May 23, 2012 9:36 PM

MoneyWatch real estate blogger Ilyce Glink joins editors Jill Schlesinger and Jack Otter to answer questions about rental properties, mortgage rates and more.

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by Townced May 24, 2012 1:12 PM EDT
I am going to consult a real estate attorney. I want to get out from under my mortgage. I am thinking of a short sale. I understand about the judgment deficiency and how I may be able to remove that and also about IRS ramifications 1099.
My question to you is can I purchase another home? Can I buy back the house I am currently in now?
My credit is in the good arrange and my debt to income ratio is not good.
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