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Foreclosure Forum

House Is Listed For Sale, Is It Possible To Miss Payments And Do Loan Modification?

We just streamline refinanced 2 months ago to make it easier on our monthly mortgage payments. However, my husband got laid off and is no longer able to work since he has been diagnosed with vascular dementia. So, we decided to speak to

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Foreclosure Forum

Is It A Better Idea To File For Bankruptcy Or To Let Your House Go Into Foreclosure?

I have a mortgage with a HELOC. Due to a cut in hours and erratic child support payments, I am unable to afford to cover my bills. I am considering letting my house go into foreclosure. Which is better?

Foreclosure Forum

If House Is In Foreclosure, Can You Get A Second Loan Off Your Equity?

My house has been in foreclosure for the past year, been current on payments. Could I get a second on my house’s equity? I think there is 119,000 worth of equity. I am in California.

Foreclosure Forum

The Day Your Home Goes Up For Auction For Foreclosure How Long Until You Have To Be Out Of The House?

If a home goes up for auction in a foreclosure, when do you have to vacate the house? When do they give you the 3 day notice?

Foreclosure Forum

Risks Of Buying A House On Short Sale?

Hello guys,
I have seen 2 houses that are on short sale, since the value of the house has gone down because of the present real estate market. Are there any risks that a buyer has to take by buying such houses?
Any feedback willbe highly appreciated
Thanks
Ram

Foreclosure Forum

If A Married Couple Owns A House In Joint Tenacy, Can 1 Spouse Do A Short Sale Without Agreement Of The Other?

In affect, could one spouse short sell the house out from under the other even though they are equal owners of the property and the second spouse doesn’t want to do a short sell? As you can imagine, this is a fight between a married couple who are separated, but for which no divorce

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Foreclosure Forum

Can You Buy A New House Then Short Sale Your Other One?

Due to economy crisis, interest rate fell down and it’s a buyers market. My friend told me that his cousin bought a new home with better interest rate then after they closed, he short sale the other house (1st house) that he can’t afford to pay (less value and higher int. rate). Sounds

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Foreclosure Forum

How Should My Family Deal With The Date Set For Court Because Of Our House Is About To Be Put On Foreclosure?

our mortgage company wants to put our house on foreclosure
and my parents arent sure what to do.
any help please?

Foreclosure Forum

Is It Good To Let Someone Take Over Payments On My House Or Is Foreclosure Better Option?

Someone is going to buy my house on contract, meaning they are taking over payments and will own the house, the house is still in my name. A contract will be made up and they will agree to make payment until they can refinance and put the loan in their name. Is it better to

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