gsdubz asked:


Will they really make a difference on a persons credit? Would it be easier to call the bank and tell them to take back the house before you ever fall behind on a mortgage? I have a friend who lost his job and doesn’t know what he’s going to do, no one wants to buy his house more than what he owes and he wants to get out of it. And if he goes through with a short sale or foreclosure, is he better off just declaring BK as well since it takes many years to recover from that anyways?

Evangelina

Mya m asked:


If my bankruptcy plan is accepted to keep my house from foreclosure can i then rent out my home
HOW IS THAT FRAUD??????????

Tequila

sunpop asked:


My name was on the property deed with my husband, but only his name was on the loan documents. Will my credit be effected by foreclosure or just my husbands?

Edgardo

brwzx asked:


Due to extended unemployment, a required out-of-state move, and inability to sell my home, foreclosure is underway. My homeowners insurance company hasn’t received payment from my mortgage escrow and is asking me to pay the bill. Obviously the mortgage company isn’t going to pay anything out of escrow right now. Do I need to keep homeowners insurance on the home while waiting for foreclosure to be finalized?

Idella

E asked:


My family and I are being faced with the harsh reality of a foreclosure, and we just need to know if just handing it back to them (the bank) would be better in the long run.
Just so you all know, we have talked to the bank, and they are not working with us AT ALL! We have a realty company trying to sell our home but our time is almost up as far as our mortgage company wanting to start foreclosure proceedings. We have been told that it is better to give it back to the bank rather then them have to foreclose on it. Anyone know anymore about this?

Ramona