1st order of business
Posted by RSI on January 28, 2008 at 11:38:35:
In Reply to: Problem with 2 loans with Countrywide
Posted by Sonny on January 27, 2008 at 20:11:57:
INCOME. Without income, your lender will be hard pressed to assist you on application of a workout as an alternative to foreclosure if you are interested in retaining one or both of the properties.
Think about ways to generate income like, renting out the townhome and perhaps securing roommates in your primary home.
Stop with the equity-tapping unless you KNOW there is a rainbow on the horizon. Current patterns only serve to further separate you from your goal of stability.
Follow Ups:
- Re: 1st order of business (url) - Julio Martinez-Clark 13:19:06 01/29/08
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