Zillow Advice RSS: Question-Discussion-Guide,Home Selling,VT http://www.zillow.com/advice/VT/home-selling/question-discussion-guide/mortgage/?s=0 Zillow Advice search results | Zillow Real Estate House isn't selling, will not be able to afford house much longer. http://www.zillow.com/advice-thread/House-isn%27t-selling-will-not-be-able-to-afford-house-much-longer/513473/ Short sales are not designed to accommodate moving to another location.&nbsp; You must qualify with the mortgage holder to be approved for a short sale.<br/><br/>The mortgage holder is only interested in how much the home is worth in relationship to how much you owe. If you could readily sell your home for 159K then they may not approve the short sale. You would have to pay the real estate commission and any other normal closing costs.<br/><br/>These are the life events a bank will consider should&nbsp; you apply for a short sale:<br/>Examples of hardship are: <ol><li>Unemployment</li><li>Divorce</li><li>Medical emergency / sudden illness</li><li>Bankruptcy</li><li>Death</li></ol>Some one suggested a wrap - I would hope they were referring to lease to own because wraps are generally not permitted by your mortgage holder.<br/><br/>A long term lease or lease to own may be the only alternative since you have already moved.<br \><br \>0 replies Mon, 30 Sep 2013 14:30:00 GMT http://www.zillow.com/advice-thread/House-isn%27t-selling-will-not-be-able-to-afford-house-much-longer/513473/ 2013-09-30T14:30:00Z Was going to sell my house and my neighbor beat me too it. http://www.zillow.com/advice-thread/Was-going-to-sell-my-house-and-my-neighbor-beat-me-too-it/453372/ A short sale, is a sale where the lender accepts less than it is owed on the mortgage, therefore those properties sell for less than the market value, hence the sale of that property will impact on the price of yours.<br \><br \>0 replies Tue, 31 Jul 2012 18:52:00 GMT http://www.zillow.com/advice-thread/Was-going-to-sell-my-house-and-my-neighbor-beat-me-too-it/453372/ 2012-07-31T18:52:00Z