Im doing a short sale N have mortgage ins.The bank WILL be paid N full so why a bad credit markI was told we can short sale our home but there will be a statement on our credit report that says we sold our home for less then we owe and we will not be able to purchase another.January 07 2012 - US00YesReport 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.