My husband's work moved us to AZ in November, and so we put our house up for sale. We will now be 3 months behind on our house payment at the end of this month. The mortgage company is unwilling to work with us at all on anything! They want over $2,000 by the end of the month to avoid foreclosure. We have already paid 40,000 (4 1/2 years paid on it) for this house and owe more now than when we financed it! We asked them if we could hold off on payments until the house sells, and the answer was no. We asked if they could take less than is owed for the house so that it would sell and they could have all the money (we owe 84,000 for a tax value 79,000 home), and the anwer was no. This company is VANDERBUILT MORTGAGE, and they are so AWFUL! They bought the mortgage from our company we financed with, and we are just stuck! Is there anything we can do legally to avoid foreclosure? I am just amazed how mortgage companies can abuse people so easily and get away with it
2007-01-11
16:18:08
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7 answers
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