Consequences Of Walking Away From A Mortgage All Locations : Advice

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Siobhan, Home Seller in Sarasota, FL
Siobhan asked:
Is there a difference in deed in leau of foreclosure and short sale on your credit score? I have a home in sarasota, florida. The house has been on the market for approxi ... with only a handful of people coming to look at it. It is on the market as a short sale and I had an ...
0 votes Share Flag Wed Mar 25, 2015 Credit Score in Sarasota
Michele Seid…, Home Buyer in Greenwood Lake, NY
Michele Seidenspinner asked:
Is a purchase offer binding?
0 votes Share Flag Fri Apr 10, 2015 Home Selling in New York
Canadian Inv…, Home Buyer in Chandler Ginning, Gi...
Canadian Investor asked:
Hi landlords ,How can you find good tenants? Because a lot of people who have gone through foreclosuer would be the future tenants , but that means the ...
0 votes Share Flag Fri Dec 5, 2014 Rental Basics in Phoenix
Shortsale654, Home Buyer in Los Angeles County, CA
Shortsale654 asked:
Short Sale and Chapter 7 Bankruptcy, what can the buyer in approved short sale do if the seller decided to file bankruptcy at escrow? I am the buyer in a short sale that has been going on for the past 6 months. We ... about 25 days ago hoping to close as of last week. Last week, our agent (it is a dual agency) informed ...
0 votes Share Flag Thu Oct 2, 2014 Foreclosure in 90025
Juliette, Home Buyer in Clearfield, UT
Juliette asked:
Cancel out a week before closing? I put a bid on a house, gone through a lot of hoops with the lending broker for funding, but it is financial ...
0 votes Share Flag Wed Oct 1, 2014 Home Buying in 84121
Elena, Home Buyer in Woodbury, CT
Elena asked:
Can i abandon my house if i have money? Can the bank take my money? I was a widow at 39 yo. I was left w a large home. I can't do it. It's ... mortgage company get money from me if i just leave? House is worth arnd 400,000. I owe around 380,000. ...
0 votes Share Flag Mon Sep 29, 2014 Foreclosure in Connecticut
Short Sale B…, Real Estate Pro in Rancho Cucamonga, CA
Short Sale Buyer asked:
Who is responsible if sellers move out of a short sale transaction with closed escrow and damaged property? ... This is a Short Sale transaction. The escrow is closed. I had an addendum states ... my property on the way out? Who is responsible for big damage? What if the sellers leave a lots of ...
0 votes Share Flag Tue Aug 12, 2014 Home Buying in Rancho Cucamonga
Chicago, Home Buyer in Chicago, IL
Chicago asked:
What are the pros and cons about living in Wilmette? I have benn transfered to Chicago, working downtown. Lots of my co-workers live in Wilmette area. I have 2 ...
0 votes Share Flag Wed Jun 11, 2014 Home Buying in Wilmette
KMG, Home Buyer in Chicago, IL
KMG asked:
My landlord is walking away from his mortgage, how long until the bank forecloses and forces me to move out? ... Landlord stopped paying mortgage as of August 2012.My current lease runs through Nov 2013, located ...
0 votes Share Flag Sun May 18, 2014 Foreclosure in 60616
Jane, Home Buyer in Arizona
Jane asked:
If you purchase a second home and then walk away from your first home (same lender for both homes), what ar ... the penalties, including those penalties affecting the loan of the second home?
0 votes Share Flag Fri Apr 18, 2014 Foreclosure in Arizona
Ryan, Other/Just Looking in Omaha, NE
Ryan asked:
Open Opinion Thread: "Why should someone buy in this market?" In looking through the many questions and answers on this website, I am struck by the wide range of opinions ...
0 votes Share Flag Sun Jan 5, 2014 General Area in Chicago
RachelNicole, Home Owner in 92882
RachelNicole asked:
Should I let my home go in to foreclosure? Here's my dilemma...My husband and I bought a house in July 2008, and immediately after found out that ...
0 votes Share Flag Sun Sep 22, 2013 Foreclosure in 92882
Lisa, Home Owner in Long Beach, CA
Lisa asked:
House is 40% underwater. We can afford payments, but PITI is 36% of net income. Would love advice on best e ... Hello, and thanks for any good advice! We bought our home for $515K and it curre ... balance of $65K. I'm ready to get out (short sale/walk away if necessary) as I believe we could save ...
0 votes Share Flag Sat Sep 7, 2013 Foreclosure in 90807
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