Asked by Golittleperson, 27025 • Wed Dec 14, 2011
Saw answer saying prob. not BUT when I purchase home, pmt. was 25% of income, 10 years ago. Due to job loss and only job now is 68% of my income and I fall well withing my state income guidelines. All assets including retirement are gone. Thought it would get better. Is there any option, especially with this economy. I have managed to keep the house but obviously at the loss of other things. 68% of my gross is almost everything. Now, my income is so low that the IRS doesn't take much - down to about a 5% tax base. Don't want to waste time if no options for keeping my home.
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