If I get my Loan Modified, and a while later I decide to sell my home. What are the repercussions?I live in a 3600 sq ft. home with 5 bedrooms and 2 1/2 bathrooms. I lost my small business and am unemployed with no means of income. My son-in-law and daughter live with me and help with rent and utilities. I am looking to get a Loan Modification and I hope for it to be approved. After my loan is modified and later I decide to sell my home (to downgrade) and move into a smaller one, what are the repercussions? Would I be allowed to sell my property while Im paying the modified amount each month? Please advise. January 07 2012 - Charlotte00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.