Foreclosure in 86323 : Advice

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Brad Bergami…, Real Estate Pro in Prescott, AZ
Brad Bergamini answered:
If we choose to foreclose or give up the deed in lieu of foreclosure can we still get into a house we CAN afford, possible a lease to own?
I think we need to Chat.
You might be able to but why would you want to.. with a lease purchase you will pay more for less (usually).
Also you need to talk to an attorney about your ... more
0 votes Share Flag Mon Feb 6, 2012 Foreclosure in 86323
James Wehner, Real Estate Pro in Scottsdale, AZ
James Wehner answered:
if i stop paying my B of A heloc in the state of arizona but continue to pay the 1st mortgage will it go into foreclosure?
The answer is yes/maybe, because what is often happening is that the second is not choosing to foreclose if the first loan is higher than the home is worth. The reason being that as lo ... more
0 votes Share Flag Thu Mar 25, 2010 Foreclosure in 86323
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