Join the Meeting Place for Moms!
Talk to other moms, share advice, and have fun!

(minimum 6 characters)

1 Bump

So anyone wondering what is going om with my bank/house situation?

(See how I made it a question)

So, as suspected bankruptcy is not an option for us. So from here we move forward. Looking at rentals houses and apartments... Figuring out a budget and how to pay deposits... calling the bank to see what they can offer as far as cash for keys sort of deal... and eventually the best way to pack and move out. I am assuming we will have until the 1st Tuesday in Sept (auction day) to get it all together unless there is another agreement with the bank. I will keep you posted.

If anyone has any fabulous advice... go for it. I am all ears.

why is there no 'life sucks' category!? lol.

 
But_Mommie

Asked by But_Mommie at 11:53 AM on Jul. 5, 2012 in Money & Work

Level 44 (181,629 Credits)
This question is closed.
Answers (12)
  • I'm sorry Doc. Hang in there and keep us posted. Thoughts and hugs.....
    m-avi

    Answer by m-avi at 11:56 AM on Jul. 5, 2012

  • Ugh, that sucks so bad.

    I know there are some non profits that will intercede for you with your mortgage company either for modification or an exit strategy. Have you had a chance to look into any of that?
    BrawnwynII

    Answer by BrawnwynII at 12:32 PM on Jul. 5, 2012

  • hugs
    wish i had some real help or good advice
    fiatpax

    Answer by fiatpax at 12:48 PM on Jul. 5, 2012

  • Let me guess. You have Bank of America, don't you.
    JeremysMom

    Answer by JeremysMom at 3:11 PM on Jul. 5, 2012

  • Sorry, doc. Hugs to you.
    theMOMmission

    Answer by theMOMmission at 5:43 PM on Jul. 5, 2012

  • Will the house even sell at auction? Is it a trustee's sale?
    tasches

    Answer by tasches at 7:07 PM on Jul. 5, 2012

  • We must be the only people in the world who had a successful loan modification from BOA. They dropped our interest rate and lowered our house payment. That was two years ago and we have never missed payment or been late.

    Good luck, I know how stressful it can be.
    Anonymous

    Answer by Anonymous at 12:41 AM on Jul. 6, 2012

  • What about a short sale? Or is that not possible because of the modification?
    gdiamante

    Answer by gdiamante at 1:47 AM on Jul. 6, 2012

  • Hmmm so will the modification work for you?
    booklover545

    Answer by booklover545 at 2:45 PM on Jul. 8, 2012

  • We will be 'shopping' on Monday. I think we may have found a rental property we can afford. It's not fabulous but it will due.
    But_Mommie

    Comment by But_Mommie (original poster) at 1:01 PM on Jul. 5, 2012