Posted on: 29th Aug, 2007 07:23 pm
I am getting to the end of my rope. I currently own a house with my ex-husband. We owe way more then the house is worth. He no longer lives in the house and I do not want to stay in it. I have put it on the market for much less than what we owe. It has been on the market for about 6 months ( I have changed realators and dropped the price)
I recently got laid off. The Ex is no longer helping with the payments and doesn't care if it goes into foreclosure. I have had shoulder surgery. I can't afford the payments and DO NOT want to stay in the house at all.
I have tried to rent it with no luck. I am current on my mortgage but when I call the mortgage companies to tell them I will not be able to pay them and can we work soemthing out, I am told that they can't talk to me about options until I am late on my payment.
I do not want to ruin my credit but I want out NOW! The Ex doesn't want the house either and is not helping financially at all.
What can I do to get out now?
What are the affects of a foreclosure? It feels like that is a better option to just be able to move away from the house/the ex and be done with it.
I am extremely frustrated as my whole life is on hold because of the house.
Thanks for letting me vent and I would appreciate any advice anyone may have.
I recently got laid off. The Ex is no longer helping with the payments and doesn't care if it goes into foreclosure. I have had shoulder surgery. I can't afford the payments and DO NOT want to stay in the house at all.
I have tried to rent it with no luck. I am current on my mortgage but when I call the mortgage companies to tell them I will not be able to pay them and can we work soemthing out, I am told that they can't talk to me about options until I am late on my payment.
I do not want to ruin my credit but I want out NOW! The Ex doesn't want the house either and is not helping financially at all.
What can I do to get out now?
What are the affects of a foreclosure? It feels like that is a better option to just be able to move away from the house/the ex and be done with it.
I am extremely frustrated as my whole life is on hold because of the house.
Thanks for letting me vent and I would appreciate any advice anyone may have.
How is it that one gets 100% financing and at the same time pays lower down payment? I thought 100% financing meant no down or zero down loans.
"How is it that one gets 100% financing and at the same time pays lower down payment? I thought 100% financing meant no down or zero down loans."
I guess it depends on what company you deal with. Thats my thinking anyways.
I guess it depends on what company you deal with. Thats my thinking anyways.
Wildstorm, 100% financing also known as 100% ltv loan does mean that the borrower won't have to make any downpayment.
Miller
Miller
"Wildstorm, 100% financing also known as 100% ltv loan does mean that the borrower won't have to make any downpayment.
Miller"
Oh. Well I just woke about 15 mins before I posted that so i wasn't thinking straight lol.
Miller"
Oh. Well I just woke about 15 mins before I posted that so i wasn't thinking straight lol.
:)
Im in Mortgage business for a while now, so i thought id share what i know guys if you have any questions id be more then glad to answer all of them.
If you have a mortgage even better i could give you a hand on what to do and how to save some money if possible
If you have a mortgage even better i could give you a hand on what to do and how to save some money if possible
Hi Liaoyu,
Thanks for sharing your knowledge with us here.
I hope you like our community. :)
Good luck in whatever good you do
Thanks for sharing your knowledge with us here.
I hope you like our community. :)
Good luck in whatever good you do
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