Posted on: 01st Sep, 2010 01:46 pm
we hade to move lost jobs got a new job but now have 2 mortgage cant sell old house wate do i do it been about nine mouths need help
Hi Guest!
Welcome to forums!
You can contact the lender and apply for a deed in lieu of foreclosure in order to get rid of the old house. If the lender is convinced about your financial hardship, then he would agree to your request which will help you in selling off the property. The best part is that you won't be liable for paying the balance dues resulting from the sale of the property.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
You can contact the lender and apply for a deed in lieu of foreclosure in order to get rid of the old house. If the lender is convinced about your financial hardship, then he would agree to your request which will help you in selling off the property. The best part is that you won't be liable for paying the balance dues resulting from the sale of the property.
Feel free to ask if you've further queries.
Sussane