Foreclosure in Oak Park>Question Details

Cynt100, Other/Just Looking in Oak Park, IL

Hard money while in foreclosure to refinance

Asked by Cynt100, Oak Park, IL Thu Jan 3, 2013

Looking for options to refinance while in foreclosure. I'm behind about 20k on my condo however I currently have 30-40k in equity. Are there any lenders or programs that could assist. My lender is unwilling to modify.

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Ron Thomas’ answer
Why would a LENDER bet on you?
Either you don't have a good track-record of paying your bills,
or, you don't have sufficient income to pay your bills,
or, both!
And you will be sacrificing $40,000 for $20,000.
Investors will be salivating; waiting for your Condo to come on the Market.
0 votes Thank Flag Link Thu Jan 3, 2013
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