In a terrible jam
This is a discussion on In a terrible jam within the Buying & Selling Property forum, part of the REAL ESTATE & PROPERTY LAW category; How can I protect the home that my family and I live in, I can no longer afford the payments ...
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#1 |
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How can I protect the home that my family and I live in, I can no longer afford the payments on 3 other homes that I own. They are for sale however they are not moving.
I own 2 rental properties. (Owned for 1 year) 60 days late Home I just moved out of. (Owned for 7 years) Current Home that my family and I now live in. ( 3 months) Current Thank you Kathy |
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#2 |
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Is it the same lender on all homes?
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#3 |
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Thank you for replying
2 different mortgages same lender on house 1 (Sun Trust) 2 different mortgages different lender house 2 (Ocwen & ASC) 2 different mortgages different lender house 3 (US Home & Bank of America) House I live in is a different lender 2 mortgages (both with Country Wide) |
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#4 |
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Veteran Member
Join Date: Feb 2007
Posts: 314
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Have you tried to show the bankers you are selling and ask for an extension? They often will try to work out something.
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#5 |
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Thank you I'll try that
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Our lawyers can help you avoid foreclosure to salvage your home,
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