I'm a Canadian who has owned a house in Cath City for 3 years (yah, bought at the peak) that's been rented
the whole time. I got a mortgage that was poorly negotiated and had a bit of unexpected surprises that in the end is basically costing me 800/month over the rent to keep. What is the chance of getting a new loan negotiated for 250k on a house that is now roughly valued at 290k? My dream retirement is fading fast!!
Have you tried a loan modification? Lenders are becoming more agreeable in renegotiating loans. The Cathedral City Home Market is stabilizing as well as improving. Please provide the specific info about the property and I will try to make more detailed recommendations.
Hello !
I am sorry to here that about your loan and the value of the home.The best thing to do is to shop for a lender I can Suggest only one Mission Hills Mortgage. they have there own web site http://www.missionhillsmortgage.com
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