Whats the best way to acquire my parents home before it goes into foreclosure?
Jul 01, 2009 in
Financial and Loan Tips
happycamper3071
Their home is worth $200.000, they owe the bank about $200,000 . They would lose money on the sale, so they are considering walking away and foreclosure. They are spending almost $2000.00 a month in mortgage paymens, and they could only rent it for $1300 a month. Any ideas on how I could keep the house or help them without foreclosure?
Their home is worth $200.000, they owe the bank about $200,000 . They would lose money on the sale, so they are considering walking away and foreclosure. They are spending almost $2000.00 a month in mortgage paymens, and they could only rent it for $1300 a month. Any ideas on how I could keep the house or help them without foreclosure?


