Do you need help? I mean do you still want to keep your home? My wall st colleague Chiang told me he has over $500,000 cash in Fidelity Investment and would like to know what is the best way to protect the asset while making good profit on investment.
I think, the best investment is looking for people like you and loan you some money to bring up your mortgage payment on time, and avoid foreclosure. And, in the mean time, you would pay a 10% interest to Chiang that was set by our American hero Warren Buffet on AIG. In the case, you also pay off the loan prematurely, you will also pay Chiang another 10%. Otherwise, Chiang has the right to loan you about the same amount in the future for 10% interest as well. How do you think?
Of course, you can than take of your home for sale off market, and may be help your neighbors as well. For a few thousands, 10% is not much. Even for $10,000 loan, 10% interest is only about $80 a month.