I can’t sell or refinance my rental property. Short sale, foreclosure or bankruptcy. Which is best to do?
The reason I can’t sell or refinance is that I owe more than what it’s valued at. I also have a condo as my principal residence. Can I lose my condo by doing any of the above mention processes? Which process will leave me with the least amount of liability?
Why cant I sell short shares of BBBY (Bed Bath & Beyond)?
Is it true I can’t sell my house to a relative on a short sale?
Someone told me it’s loan fraud.
Negative equity on condo & can’t afford it. Should I lease it for less than my mortgage payment or short sell?
Bought my home for $320K and it is worth about $250K. My payment is $2300. I can no longer afford this payment because of other bills/loans. I can lease it for $1400 and pay the difference of $900. I will live with Family for 1 yr (rent free) & payoff debt. BUT, 12 mos @ $900=$10,800. Chances are that the value of my home will not be $320K+ for at least 2, maybe 3 years. I hope to afford my old $2300 pmt after I payoff the loans/credit..but I should I do a shortsale now and cut my losses. Problem is that I would like to save my credit. I like my home but I just cant afford it right now. Should I short sell and still move in w/family then later Rent for awhile till I can get back in the market? Or what? Need help big time. I’m making pmts on time, but barely! Should I save my home & credit & live with family and payoff debt or just get rid of it (condo) all together and payoff credit/loans for a few years (since I know the short sale will ruin my credit.) Signed, Very Stressed.
i cant short sell or rent my house and need to move states do i forclouse or bankrupcy?
i currently afford my house but im house poor also, how hard is it to buy a home with a forclousure on your credit
