Posted on: 22nd Jun, 2010 10:55 am
My Wife and i filled for CH 13 and now we are going thriugh divorce. What is my options if we can not sell the house. can i stop paying the mortgage for few month till the bank demands payment and then offer them the house. I do have first and a second mortgages and as of now the house should cover both
If the value of the house is sufficient to cover the mortgage, why would you want to destroy your credit with a foreclosure? Why not sell it? If you don't care what you get for it, then list it as the amount owed as a For Sale By Owner.
i listed the house at very good price for a quick sale but no buyers are coming my way