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

Spring 77373Spring 77379KINGWOOD 77345 Montgomery 77356