Thoughts Like Mine
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stop living beyond your means.
stop trying to lower your payments. You are wasting time.
Sell your car.
Cut off that cable or Dish.
If there are any proceeds pay off and destroy your credit cards.
If you can make any returns to the department stores credit cards do it.
Stop eating out.
Get rid of that cell phone.
Get a cheap cheap land line.
Turn off your broadband access. Use the library.
take your lunch to work every day.
dont use toll roads, go the long way.
or
Pack your stuff and walk away.
move into an apartment. |
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Amanda H
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First, contact the mortgage company and see if you can set yourself up on an interest-only plan, where you are not paying down the principal but you are staying current.
Second, get a second job or do whatever it takes to keep your head above water. If you lose your house it can financially ruin you and you need to take this seriously and do something NOW. Mow lawns if you have to. |
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lkcltd
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Hi, maybe you could make an interest payment or contact your lender and tell them your problem and maybe they can work something out. Above all be honest. |
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newmexicorealestateforms
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Your best bet is talk to the lender and see about a forbearance agreement reducing the payment. However your statement that the property is not worth the mortgage concerns me.You might want to read this information: Predatory Lending information from ABA: http://www.aba.com/Consumer+Connection/CNC_pred1.htm |
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KL
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Your only option is to contact your mortgage servicer and see if they will set up a payment plan with you. If they refuse to, you may want to start looking for someone to purchase your home so it doesn't end up in foreclosure. |
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Curious
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I hope you are not looking at foreclosure. You need to act quickly and either rent out the house or cut your losses and sell. |
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ivee444
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You should try to rent space to make up the portion of the mortgage that you are short. Make sure you notify your mortgage company if you are going to be late to avoid foreclosure. Good Luck! |
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Karen R
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Sell it before you get in any worse shape. |
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Friends Forever
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talk to ur mortgage company to lower payment.
or rent ur basement ot cover up,,
if critcal, stay in basement and rent upperlevel |
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wjvv
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Some states, California for one, let you just trun the property over to the mortgage company and walk away. You might talk to an attorney to see if your state allows this. |
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mortgage help
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Find a roommate/renter. |
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El Recio
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Sell it, and rebuild your credit.... |
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Alterfemego
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You could consider taking in a renter to help you make the payments. Otherwise, you're other option would be to sell the property and purchase one you can afford the payments on. |
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BUBBLES
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SELL |
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steve s
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what type of home is it? A mobile home? Call your mortgage company and see if you can it bi weekly. Otherwise renting out a room or the entire home would be your best option if you can't sell it for market value. |
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batman12o7
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Why can't you refinance?
Are you saying that you you're upsidedown on the mortgage? ( the house is appraised lower than what you owe )
If you need help give us a call here at Omega Funding Group, we can look at your situation in detail and tell are a mortgage broker. Call
1-888-663-4221 and ask for Joseph.
Good luck. |
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