Re: Train Wreck Coming

Posted by steele in minnesota on January 04, 2008 at 09:05:14:

In Reply to: Re: Train Wreck Coming posted by Richard on December 31, 2007 at 11:20:35:

You could also consider the short sale route. Your agent will be paid for and you should have no additional costs.

Call your lender and let them know what is happening. Normally you need to be in arrears but more and more lenders are trying to be more proactive. Renting might be an option but rarely pays in upper bracket housing. But explore all options.

What state are you in so we can get an idea of your timeframe?

Steele

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