April 4, 2008
Can I get financed for a new home if my current one is going to foreclosure?
Dancing Gerbil asked:
Realmente am asking this not as a friend of literate computer which I think I'm getting the operation around. Here is his situation. 1. It is self employed and the snot of doe has a guaranteed income, last 2 years were up. 2. He paid $ 1700 a month with interest rates ridiculous on its current headquarters. 3. He has something on its accreditation from a long time ago that says which has not paid a bill, having done so, but it seems no one is interested in helping getting this removed, it was for something as $ 2000 4. Now he has decided left his seat to enter that foreclosure because it can not pay for its headquarters and live. 5. Now is still absent from 2 months foreclosure real, just 1 payment back. In so that his situation the best I can describe it. He said that the bank does not lower its rate interest on its mortgage and can not refinance because of his line of work does not leave her as is showing only $ 20K as real income. So give a certain line about no guaranteed income. Help? I should also add that currently is trying to sell his seat. So he stopped payment and is hoping for a Sales in the first place, but if not then sells the leave foreclose.
Realmente am asking this not as a friend of literate computer which I think I'm getting the operation around. Here is his situation. 1. It is self employed and the snot of doe has a guaranteed income, last 2 years were up. 2. He paid $ 1700 a month with interest rates ridiculous on its current headquarters. 3. He has something on its accreditation from a long time ago that says which has not paid a bill, having done so, but it seems no one is interested in helping getting this removed, it was for something as $ 2000 4. Now he has decided left his seat to enter that foreclosure because it can not pay for its headquarters and live. 5. Now is still absent from 2 months foreclosure real, just 1 payment back. In so that his situation the best I can describe it. He said that the bank does not lower its rate interest on its mortgage and can not refinance because of his line of work does not leave her as is showing only $ 20K as real income. So give a certain line about no guaranteed income. Help? I should also add that currently is trying to sell his seat. So he stopped payment and is hoping for a Sales in the first place, but if not then sells the leave foreclose.
Tags: foreclosure listing property, buy foreclosure, foreclosure michigan
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2 Comments on Can I get financed for a new home if my current one is going to foreclosure?
April 4, 2008
Landlord @ 11:56 pm:
For the money they gave him seriously knowing that he is perfectly comfortable stealing would you loan him money they gave him money they gave him money they gave him seriously knowing that he is going to bend over for him seriously knowing that he.
April 6, 2008
Rush is a band @ 12:29 pm:
The dings on his credit from going 30, then 60, then 90 days late on his mortgage are probably enough to prevent him from getting a mortgage anytime soon.
Once he actually hits foreclosure it will be AT LEAST 3 years and more like 5-7 before he can get another mortgage and that one will have to be with 20% or more down. He will have to have verified income at that point too.
good luck!