Foreclosure in 32926>Question Details

Builder, Home Buyer in Cocoa Beach, FL

I have lost my job, I can not make the mort. pmts, my paying boyfriend and I can afford property in a foreign country-cash, do you see any problems

Asked by Builder, Cocoa Beach, FL Wed Aug 24, 2011

Help the community by answering this question:

Answers

1
Curious. I am not sure what your question is. Can you clarify? If you are asking could there be problems if you let the home go to foreclosure and move out of the country to purchase a home. Yes a lender can come after you for any deficancy between loan amount and foreclosure auction sale + lawyer fees. I would suggest trying to short sale the home before letting it go into foreclosure.

I would also advise you speak with a real estate attorney who could better advise you. Good luck to you.
Web Reference: http://www.merrittnoel.com
0 votes Thank Flag Link Thu Aug 25, 2011
Search Advice
Ask our community a question
Email me when…

Learn more

Home > Florida > Brevard County > Cocoa > 32926 > Foreclosure in 32926 > Question
Copyright © 2014 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer