Posted on: 09th Oct, 2012 02:25 am
My mortgage is underwater and I am not in a position to pay off the mortgage. What option can I get to save my property?
Hi Savvio,
You can apply for a loan modification in order to save your property from an impending foreclosure.
Take care.
You can apply for a loan modification in order to save your property from an impending foreclosure.
Take care.
Welcome Savvio,
Check out the given page to know some of the ways to avoid foreclosure: http://www.mortgagefit.com/foreclosure/17ways-avoid.html
Check out the given page to know some of the ways to avoid foreclosure: http://www.mortgagefit.com/foreclosure/17ways-avoid.html
Your mortgage is underwater. In other words, the value of your home is less than the amount of money that owe on your mortgage loan. If you are indeed facing problem in paying loans, you can try mortgage modification.