index page

Think they will take my home?

Date: Wed, 06/03/2009 - 20:41
Submitted by on Wed, 06/03/2009 - 20:41
Posts: 202330
Credits:
[Donate]

I have not paid in 2 months (BOA holds my loan/Fannie Mae). They called me today and offered the "Home saver assistance program" to me.

Quick story;

We did all the finances and I came up $300 short and then she said she can't do anything for me so we moved around some numbers and broke even and then only was she able to offer me the "home saver assistance program", is this bad for me? Just pushing me off? I want my interest rate lowered.

I have no money (no down payment) in this condo. I paid $121,500 and it's worth about $95K if im lucky.


Hi Guest....I'm sorry no one has posted.

Here's the thing...Home Saver programs are to keep you in the house. This is kinda where you're at. They don't really have to do anything to help you.

Anything is good if it keeps you in your home. Just whatever your mortgage company agrees on make sure you get it in writing.


Submitted by sassy_lil_brandy on Mon, 06/08/2009 - 10:50

sassy_lil_brandy

( Posts: 479 | Credits: )


The reason you needed assistance from the bank is that you were coming up short you knew that. They will push you to make cuts that are not realistic that you can't maintain for 1-2 years. By doing this they can collect as much money from you before some thing happens and you can't maintain the agreement. Then its swift, the judge sees that you already accepted assistance and default....

HERE COME THE JUDGE ... HERE COME THE JUDGE.

If you were charged with a serious crime could you represent yourself in court? Sure, is it wise?


Submitted by on Wed, 06/17/2009 - 09:57

( Posts: 202330 | Credits: )