I am on the brink of homelessness. I have bad credit, very little cash on hand. What should I do?
2006-12-27 20:00:26 · 7 answers · asked by topnizotchbaby 1 in Business & Finance ➔ Renting & Real Estate
You will survive:Do you have a job ? If you do then you may make arrangement with the bank for forbearing of your mortgage for 2-3 months that means you can pay interest only(hope that you did not have the Interest only mortgage)If you do then you need to short sale your house to save your credit or refinance the loan, hope you had some equity in your house.Briefly:House+Equty+Job=You willsurvive
2006-12-27 22:03:06 · answer #1 · answered by You will survive 1 · 1⤊ 0⤋
You should probably sell that computer ya got there daddy-o. Ya can't get a home w/o money. Pray a lot, and sell any frivolous valuables that are not an immediate necessity, immediately.
And for the love of GOD, do NOT buy any frickin' lottery tickets as some improvisational investment. If you take that kind of advice, you deserve to be homeless, bottom line.
2006-12-27 20:11:52 · answer #2 · answered by Rick R 5 · 1⤊ 0⤋
Negotiate with the bank to get a home loan with extended paying duration. Another way is to re-finance your existing properties say your car. Go for lower intrest banks.
2006-12-27 20:15:03 · answer #3 · answered by Shr| 3 · 0⤊ 1⤋
Hitchhike
2006-12-27 20:07:33 · answer #4 · answered by Anonymous · 0⤊ 1⤋
Just ask a trustworthy friend for shelter for some days. find a job and then buy a small house when you've earned enough. You can also rent a house if you want.
2006-12-27 20:08:19 · answer #5 · answered by Anonymous · 1⤊ 1⤋
go get yourself some lotto tickets...
times are tough...the good news is you're at the bottom so the only place to go is up...be positive and things will work out...
now go get them tickets
2006-12-27 20:05:02 · answer #6 · answered by ed j 2 · 1⤊ 1⤋
Pray.
2006-12-27 20:02:07 · answer #7 · answered by Staci C 3 · 0⤊ 1⤋