Foreclosure in 60402 : Advice

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Bubbles, Home Buyer in Berwyn, IL
Bubbles asked:
lowering mortgage payments if bank denies modification wont extending the years on your mortgage to 40 yrs then 30 help? or how low can a bank lower the interest rate on your mortgage?i wonder do banks really want…
0 votes Share Flag Thu Aug 2, 2012 Foreclosure in 60402
Jim Simms, Real Estate Pro in Louisville, KY
Jim Simms answered:
wont lowering interest rate down to 2% help to make mortgage payment?
Two years and counting, but I don’t see that you have ever actually listed your home for sale,

Jim Simms
NMLS # 6395
JSimms@cmcloans.com
Financing Kentucky One Home at a T ... more
0 votes Share Flag Mon Jul 2, 2012 Foreclosure in 60402
John Potter, Real Estate Pro in Cook County, IL
John Potter answered:
can't afford house.
The owner decides short sale yet the bank must approve and may not. A bank forecloses and they decide to sue the owner for non payment of mortgage. The owner decided not to pay mortga ... more
0 votes Share Flag Mon Feb 20, 2012 Foreclosure in 60402
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