Have you spoken to a HUD housing councelor? Go to HUD.gov and look up your state. Your other option is of course a short sale to avoid having foreclosure on your credit report, which you DO NOT want.
Can you ask your bank for a forebearance agreement now that your hardship is gone? Matt
You better contact a lawyer for legal advice. Good luck![hotlink removed by Zillow moderator]
Don't walk away from your property without considering a short sale first. They are much easier on your credit on the long run! Contact me and I will forward you a chart that goes over the credit ramifications of both. Good luck!Matt HooverWelcome Home Realty
Hi! There are not many comps to go by in Neely Farms. The lowest comp is $140,000 and sold on 1/30/12. It is a single story and has 3bed/2bath, 1680 sq ft. The highest priced comp is a short sale for $170,000 (under contract currently) and is a 3bed/2.5 bath 2 story with 1892 Sq ft.Matt HooverWelcome Home Realty[hotlink removed by Zillow moderator]
You will have a late mortgage payment on your credit after it is 30 days late. before then, it should not be reported to your credit. But I agree, ask the closing agent and be prepared to call your bank ASAP to pay by phone if it does not close on time. Good luck!Matt HooverWelcome Home Realty[hotlink removed by Zillow moderator]
Why walk away? A short sale is much better on your credit. 2-3 years again before you can purchase again after a short sale. A foreclosure stays on your credit report for 10+ years and can affect any future type of loan or credit you try to obtain. Matt HooverWelcome Home Realty[website removed by Zillow moderator][hotlink removed by Zillow moderator]
Usually, the banks are looking to make sure that the owners can pay the modified mortgage rate. If they can't then it is a waste of time. Also, are you behind on your payments? This can effect the success of a loan modification as its not allways advised to stop making your payment.
It is working today. I tried every variation on the URL before. Not sure what changed.
Why will the tabs not load to my facebook page? I just get error #4 every time I enter my fan page url and hit submit.