Esther Reyna…, Home Buyer in Calexico, CA

what will happen if i buy a house and stop making payments on the one i am currently buying??? can the bank?

Asked by Esther Reynaga, Calexico, CA Mon Mar 2, 2009

make me responsible and take me to court??

Help the community by answering this question:

+ web reference
Web reference:

Answers

2
Gayle, Home Buyer, El Centro, CA
Wed Apr 8, 2009
what makes you think you aren't responsible for a home you obligated yourself to pay for? You can't just walk away and buy another one. It will follow you on your credit report. Duh!
1 vote
Dana Schuster, Agent, Slidell, LA
Mon Mar 2, 2009
it.s called "buy&bail" and you can let yourself in for all kinds of criminal charges. The lenders are wise to this.Forget it!
1 vote
Search Advice
Search
Ask our community a question
Market Conditions in Calexico Zip Codes

Email me when…

Learn more