Asked by Adam, Massachusetts • Fri Aug 27, 2010
Spouse bought two bedroom condex before we were married, and I have not put my name on anything since our marriage. Home was purchased in 2005 for $240k with an 80/20 (5/1 ARM and an interest only...different lenders). She would be lucky to get $160k for it today and our space needs have changed since then as we have two young children. She is considering short sales, forclosure, modifications, and such.
I have a few years history of $100k income, a small auto loan ($15k) as my only debt, and a credit score around 720.
Real Estate in Minneapolis
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