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Forclosure

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ATW68



Joined: 27 Oct 2006
Posts: 2

PostPosted: Fri Oct 27, 2006 12:49 am    Post subject: ForclosureReply with quote
I reside in Michigan and recieved a foreclosure letter yesterday. I owe about 61,000 and my home is worth about 85,000. I don't have a sale date yet but I'm sure it's coming soon. I lost my job and now waiting on unemployment. Any suggestions would be appreciated.
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ATW68



Joined: 27 Oct 2006
Posts: 2

PostPosted: Sat Oct 28, 2006 3:01 am    Post subject: Date of saleReply with quote
date of sale is set for nov 28, 2006. any suggestions?
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The Mortgage-Pro
Site Admin


Joined: 19 Jan 2005
Posts: 2248

PostPosted: Thu Nov 09, 2006 2:33 am    Post subject: Reply with quote
You do not have enough equity for any foreclosure bailout loan which we know of. If I were you I, would work out mortgage forbearance with your current mortgage lender.
Please keep us in mind in the future!
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