Forclosure Ideas Needed
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Thread created 12-26-2012 by Julian89
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the rent she will get, use that to pay the home mortgage.
Forclosure Ideas Needed
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Thread created 12-26-2012 by Julian89
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5 Replies
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It's the banks fault she bought a house in a crappy neighborhood and now wants to take a new job very far away. Makes sense.
Seriously rent it out, while trying to sell it. Whats the big deal.
Forclosure Ideas Needed
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Thread created 12-26-2012 by Julian89
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Keep it as a rental property and let it generate money.
Forclosure Ideas Needed
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Thread created 12-26-2012 by Julian89
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Taking a remodel loan usually means the lender is paying the remodeller directly based on completed work. So that will not work.
She could just stop making payments, it may take a year for the...
Forclosure Ideas Needed
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Thread created 12-26-2012 by Julian89
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I am pretty versed on this (similar situation that I am familiar with).
First off - do NOT do a cash-out refinance and then foreclose. This is straight mortgage fraud, not an ethical or moral...
Forclosure Ideas Needed
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Thread created 12-26-2012 by Julian89
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5 Replies
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Let me begin by saying this may be a controversial topic. I understand this, but really only want ideas to how to go about this.
My friends sisters problem is that she has received a job offer in...