Posted on: 11th Sep, 2009 07:01 am
I have a $155k 1st and a $129k 2nd (LOC) on a home worth about $200k now IF it would sell. Both mtg's are with Wells Fargo. My wife recently lost her job (half our income) and I am in a position that I will have to do something very soon (i.e. walk away, short sale, foreclosure etc. ). What course of action would you recommend for my situation?Helpless in AZ
all the unfortunate possibilities concern you and wells fargo.
the best thing to do right now is call wells fargo and ask to speak with their loss mitigation department.
the best thing to do right now is call wells fargo and ask to speak with their loss mitigation department.
Your query has been replied in the given page:
http://www.mortgagefit.com/inprocess/about27717.html#120400
Please take a look at it. I hope it will help you.
http://www.mortgagefit.com/inprocess/about27717.html#120400
Please take a look at it. I hope it will help you.
