Esther Reyna…, Home Buyer in Calexico, CA

what will happen if i buy a house and stop making payments on the one i am currently buying??? can the bank?

Asked by Esther Reynaga, Calexico, CA Mon Mar 2, 2009

make me responsible and take me to court??

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Answers

2
what makes you think you aren't responsible for a home you obligated yourself to pay for? You can't just walk away and buy another one. It will follow you on your credit report. Duh!
1 vote Thank Flag Link Wed Apr 8, 2009
it.s called "buy&bail" and you can let yourself in for all kinds of criminal charges. The lenders are wise to this.Forget it!
1 vote Thank Flag Link Mon Mar 2, 2009
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