Plus it was a new development in a farm and all the homes are not selling what are my options to. get out of it becuse i have a bad credit to get approved for a ne home. plus it takes e 1 hour and a half to get to work everyday and i'am thinking of fileing bankruptcy and at least make a little money refinancing before i file bankruptcy on .
2006-11-16 15:52:03 · 5 answers · asked by Anonymous in Business & Finance ➔ Renting & Real Estate
refi and get out of that crappy ARM before you lose everything. Bankruptcy laws cannot help you in this situation (you'll probably lose the house) refi or sell it and take the loss (sounds like you bought too much home anyway)
oh you can refi at ANYTIME!
2006-11-16 15:59:08 · answer #1 · answered by Anonymous · 0⤊ 0⤋
Depends on what your credit scores are, but you could refinance a day after you bought the place (you don't have to wait 2 years)...you just have to know the right mortgage people to talk to.
Your other option, other than refinancing, would be to sell the home - you might be in a situation where a "short sale" could work, meaning someone would buy the house from you for less than what you owe, and the bank would take a small loss to avoid the foreclosure process. If you have further questions, feel free to contact me.
2006-11-17 11:46:12 · answer #2 · answered by Anonymous · 0⤊ 0⤋
This is Mrs Reginner Sanchezes Fabiano company which is assisted with the sanchezes group of members of the family which have decided to come together to give out loans to people in need of money,like the poor the rich which at the end the poor will be rich and the rich will be made richer then you will have the full course to thank the Mrs Reginner Sanchezes Fabiano Company and to thank God the creator of the universe. Interested persons should contact mrsreginner_sanchezes_company@yahoo.co.uk
2006-11-16 23:58:21 · answer #3 · answered by mrsreginner_sanchezes_company 1 · 0⤊ 1⤋
You can't until you've owned the home for 2yrs those are the rules
2006-11-16 23:57:45 · answer #4 · answered by sugarbdp1 6 · 0⤊ 1⤋
try http://loans.savingslife.com
im sure you can get a decent quote anyway.
2006-11-17 10:57:39 · answer #5 · answered by Anonymous · 0⤊ 0⤋