Posted on: 31st Aug, 2010 04:20 pm
Does the home owner have to remain in their home during the given time frame (3 - 6 mos) or can anoher individual live in the home to care for it while the homeowner works elsewhere for a period of time?
Welcome psd,
It would be better if you could stay in the property when you have been offered a forbearance by the lender. However, if you've a financial emergency and have to leave the property in order to go for work elsewhere, then you should let your lender know about it. He may give you the permission so that someone else can stay in the property and maintain it.
It would be better if you could stay in the property when you have been offered a forbearance by the lender. However, if you've a financial emergency and have to leave the property in order to go for work elsewhere, then you should let your lender know about it. He may give you the permission so that someone else can stay in the property and maintain it.