We are facing forclosure and are looking to see if anyone knows of any other alternatives.....any help would be appreciated!
2007-03-22 05:51:51 · 3 answers · asked by looking for love 1 in Home & Garden ➔ Other - Home & Garden
A realtor in our area claims to be able to sell your house for you if it's about to get foreclosed and you end up with some money to start over. You could call a realtor.
2007-03-22 05:55:51 · answer #1 · answered by Kacky 7 · 0⤊ 0⤋
1) contact the lender to see if they will renegotiate the terms of the mortgage so you can stay in the house
2)complete a "short sale" where you sell the house for whatever the market will bear. The catch is that all creditors would have to agree to release you from further obligations if the house sells for less than what you owe.
3)turn in the keys and let the creditors foreclose on the house
2007-03-22 06:07:39 · answer #2 · answered by shmigs 3 · 0⤊ 0⤋
you can try and sell it at a very low price. this way you won't get bad credit
2007-03-22 06:26:22 · answer #3 · answered by chin 6 · 0⤊ 0⤋