Asked by Jl8656, • Mon Jul 16, 2012
Currently live in SD California. Have my prior home in Texas. I tried selling but with the market it was difficult. The home was worth less than the mortgage amount. On top of that I tried renegotiating with the bank as well at that time because the mortgage payments were high and getting higher. No luck as well. We had to moved because a Realtor presented a different option to us to sell. He would sell it within a year and handle Mortage payments while it sold and I had to do a deed of trust to his name. Of course we were clueless trusted him but after we had already to CA I hear from the bank that the Mortgage wasn't paid so I took back my home but now living in California very hard. Ofcourse now I'm renting but the Tenants haven't paid rent and I can't afford that additional payment. I have my primary homes Payment. I'm thinking of letting it go foreclosure. Its been so stressful trying to sell ..renting ...now this. Please any advise.
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