Indymac Short Sale

[Joel Fraser]

I finally received my approval letter on my short sale (http://www.zinomortgage.org/forum/short-sale-outpost/)from Indy mac, thanks in part to some of the Indymac contacts that were posted on this sight! They get some attention readers so be careful how you choose your words if you do indeed try those email addresses provided! Everything looks pretty straight forward except for the following makes me hesitant to sign; "The borrower must sign the attached acknowledgment to all terms specified in this approval and must acknowledge that Indymac bank reserves all deficiency rights as provided by the note, deed of trust and/or security agreement and local and federal laws." A special ACKNOWLEDGMENT is provided for me to sign.... Any one have any advise here. It's a an Oregon loan. I have night mares about the big bad bank sending me notice of payment due on the forgiven debt years from now when I'm no longer broke... It's a first only and FanieMae is the investor.