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Foreclosure in Brigantine : Real Estate Advice

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  • Local Info7
  • Home Buying26
  • Home Selling3
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Activity 3
Sun Jul 10, 2011
Ron Thomas answered:
Brigantine's proximity to Atlantic City is a contributing factor: (just an observation.)

I never like saying this, but you may have no other recourse but to consult an Attorney:
If you walk away from it, you will bear all the bad things on your shoulders, (one way or another).

It is 20/20 hindsight to say that you picked the wrong Condo and the wrong HOA.

The only option that I can think of is renting it out for a while:
You can't have that much of a monthly payment,
And even if the rent doesn't cover your PITI, a few hundred would be worth it!

Please don't blame HUD, they are helping a lot of people and you can't blame them for the mess that someone has created. In fact, HUD may be your best path to another house or condo. Talk to a Realtor and Loan rep.
You may want to talk to a Mortgage guy now, to find out if you can get another place, (with this rented out) before your credit goes down the tube.A good guy that I respect a lot is; Shane Milne at; shane@thebesthomeloans.com He answers a lot of questions here on Trulia.

This is where I get up on a soapbox and tell everyone why I don't recommend Condos and actually HOA's in general. You've provided the evidence.

Good luck and may God bless
... more
0 votes 2 answers Share Flag
Wed Aug 19, 2009
Katha Snow answered:
Either call the broker yourself or, preferably, have your own real estate agent/representative to contact that broker. The cost is no more to you to have your own representation.
0 votes 9 answers Share Flag
Mon Oct 27, 2008
Scott Godzyk answered:
Good morning Marc,

please come back on and include teh address or a link to the property.

thank you
0 votes 2 answers Share Flag
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