Archive for Foreclosure
Did You Know That Sometimes American People Use Immigrants ?
Posted by: | CommentsThe majority of people think immigrants just marry Americans to get the green card.I know of a few cases where American people married immigrants to use them for their money.For example,I knew this lady who was going to lose her house so she got with this guy just so she could avoid foreclosure.
Help With Foreclosure Proceedings – Should I Close My Savings Account?
Posted by: | Commentswe have a HUGE monthly mortgage and haven’t paid our bills in like 6 months- so they start our hardship paperwork (to avoid foreclosure and possibly qualify as we have a Fannie Mae loan) as i lost my job. The problem is that my wife has a seperate savings account with about 7k in it that she was saving to open a business with her mother. We have to report all our financial information to qualify for the hardship, including this account. Any advice? Should we just make a big withdraw, but then they’ll see that? Any help would be appreciated. Thanks!
Need And A Advise On Foreclosure??
Posted by: | CommentsI am in a big dilemma.. I bought the house 2.5 years ago and about 8 mo my wife got a job at 95 miles away. I drove 30 miles same way. We tried to sell the house but had bo luck and I’will have to move closer to my wife’s job because of the kids. If I don’t sell the house I will stop making payments because we can’t afford 2 payments. The place where I move the market is even worst than where I am now and I tried to contact the bank to see if it’s possible to kind of do a mortgage transfer on another foreclosed house in the new place and they told me that it’s not possible. I don’t know what to do.. How to avoid foreclosure, but can’t avoid two house payment.Can you give me some advise, what should I do?
Have You Gone Thru Foreclosure & Chapter 7?
Posted by: | CommentsWe recently filed Chapter 13 to avoid foreclosure, but now I am thinking about letting the house go and changing to Chapter 7? We can’t afford the house mtgs, taxes and insurance on our reduced salary. Question – in a chapter 7 can the creditors (?) come in and take stuff from your house? If so, what are they looking for – high ticket items? We do not have any. Husband is afraid they will come in and take all kinds of stuff. I disagree. With all the foreclosures coming down right now, they do not have the time or expense to chase all these down.
What about the 2 cars we are behind on payments on?
Has anyone gone thru this?
Can The Government Buy All Foreclosure Homes?
Posted by: | CommentsIs it possible for the government to buy all foreclosure homes and resell them to the owners who are at risk with a small interest rate? They would buy all homes in foreclosure up to a specific month, after confronting that task they would force banks, brokers and loan officers to fix the loop holes and the issues thats cause the crisis in the first place…I think they should also enforce a new home owner class where own owners would learn to manage their funds, what they should avoid etc.
I know thats a big task but thats a serious step…