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Foreclosure in Beverlywood : Real Estate Advice

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Mon May 24, 2010
Emelia Sanchez answered:
Homeowners are warned about transferring the title of the home because it does not change their payment obligation-they will still have their mortgage debt. You claim you will lease it back to him for less than the mortgage payment, does that mean you will pay the difference? You say homeowner wishes to stay in property he most likely means he would like to keep it. There are so many legitimate alternatives to foreclosure that they can pursue and the option you presented to them is not one of them. ... more
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