Short Sale Possibility

[Joel Fraser]

My husband and I are getting divorced, he moved out in April, I caught up the mortgage until I couldnt do it any more. I'm currently 4 months behind on both the first and small second. The house is in my name but the moprtgage is in my soon to be x-husband. I was told so many things, like.....if I screw up his credit by being late (because I live in the house, not him) that he can point the finger at me, and his bad credit becomes my bad credit also. and ....then some one suggested to get a buyer for the house and just sell the house as a short sale. I was also told that by getting a buyer to make on offer on the house, and I accept it, my agent submits the offer to the lender for "short sale approveal" ....in the mean time this will temporarily stop the foreclosure until the sale is approved, or not approved which can take months and it will buy me time to save up some oney to move out. Has anyone done this, or know how this works? I have to know because if I'm gonna get thrown out...I have dogs, cats, and need time, to find a place to move to which will accept me and my pets (I rescue unwanted pets) I've been a homeowner for years and I'm not leaving them behind and I'm not giving them to the shelter to be put down. Ideally, I would rather make things work and stay here in this house until this all blows over but I cant afford th eigh payments.