I want to do a short sale and have a 2nd mortgage, does this make me ineligible?

No. Both of your lenders will need to be satisfied in some way to complete the short sale. If your first lender will be paid off by the sale, then you just negotiate the terms with the second lender.

Recent Houston Preforeclosures

BAYTOWN 77521Corpus Christi 78418HOUSTON 77008HOUSTON 77070