Trulia Community - Advice from neighbors and local experts

Find Your Community
We couldn't find that location. Please try again.
Get Expert Advice

Foreclosure in Byron : Real Estate Advice

  • All1
  • Local Info0
  • Home Buying1
  • Home Selling0
  • Market Conditions0

Activity 1
Fri Oct 15, 2010
Monir Mamoun answered:
Hi Marty, sorry about your troubles. You should TALK to your bank about loan modification. Tell them the whole thing. Tell them about your need to refinance. Show them the disability payment. Maybe they will give you an EXTENSION until the market improves a bit, contingent upon you selling in 24 months. This CREATIVE WORKOUT may work -- some banks entertain such situations. Never hurts to ask. Any kind of extension can probably SAVE your credit until the market rebounds a bit more -- it already is starting to -- and you may be able to sell in the black. Otherwise, short sale.

For more credit tips, read my 10 part blog, Top 10 Credit Myths. Link below.
... more
0 votes 16 answers Share Flag
Search Advice
Search
Foreclosure in Byron Zip Codes

Followers

217