I have a great Real Estate Attorney, which is what you need right now. You situation is best addressed with an attorney and then once they arrange to place the payments on the back end of the loan or make some other payment arrangement, then you can connect with a realtor to see about selling the home.
I know the timing thing is where the stress is coming from, but different banks will allow and do certian things. Each one is different. If you want to contact my attorney, connect with me and I will be more than happy to help you.
Kevin Monette, REALTORÂ®, ABRÂ®, SFRÂ®
2012 Circle of Excellence Winner
ABRÂ® = Accredited Buyerâ€™s Representative Designation
SFRÂ® = Short Sales and Foreclosure Resource Certification
William E. Wood At The Mall
Cell # 757-735-2628
Fax # 757-473-0187
You have a few options - Call & we will discuss
There are a few options available to you to deal with this successfully without paying the back payments. You may call us at 757-735-7771 to discuss this and pray together for GOD's Divine intervention if you wish. THANKS, April & Mark. MINISTRY REALTY.
A couple thoughts:
The LOAN was not in YOUR name, and therefore should not hurt your Credit.
The loan is probably for more than the house is worth; Do you know?
You may be able to just hand them, the DEED-IN-LIEU, to get them off your back. Use those words when you call them the next time.