If you owe more on your mortgage then your house is worth what can you do ?

How can I get out of this mess?

I am 23 years old and have just lost my job. The big dilemma that I face is that I have recently taken out a car loan worth 35 thousand dollars on a car, which I have later found to be worth half of it. Most of the money I had I offered to my mother to help her out and now have no savings. The amount I receive on

When do I need to pay the Estimated Settlement Charges for my mortgage?

I just received my mortgage papers and there is a $12,855 Estimated Settlement Charge. The Seller is paying $5000 toward closing and I gave him $1000 in Earnest money so do I need to subtract $6000 from the Settlement Charge and pay the remainder at closing? Thank you for your help, the lender hasn't returned my calls or emails and I'm getting

Foreclosure V short sale?

Due to declining health I am faced with having to leave my home to perhaps go into assisteded living environment.I have spoken to the bank and submitted necessary paperwork to allow a short sale on my home as it is underwater. I believe its less detrimental to my credit than foreclosure but i know they generate a 1099 and im concerned about that tax consequence.If I allow it tforecloseue,does

Siringo Law Firm – Saving your Mortgage with The Secret.mp4

youtube videoDescription: Stephen Siringoringo of Siringo Law firm located in Southern California explains some of the secrets to achieving a successful loan modification. For more information visit

Loan Modification and Bankruptcy Seminar

youtube videoDescription: Why hire a law firm? We add value to the process. We have established relationships with the banks. When lender criteria changes we're the first to know. We have properietary software to perform property analysis and will perform title searches and comps. We adminster the NPV test and will assist to help homeowners pass the test to qualify. Find out the various loan modification programs that

Loan Modification Software & Calculator | Get approved |MyCaal.com

youtube videoDescription: Loan Modification Software | MyCaal.com increases your chances of saving your home by securing a loan modification. MyCaal asks for information specific to you and prepares a pre-qualified and thoroughly prepared loan modification package. This means you will receive a faster and more favorable response from your lender/bank. 100% Transparency. Visit mycaal.com for more

What Banks offer Priave Student Loan Cosolidation?

I am 2 years out of college and have 4 seperate loans (1 being federal). I am looking to consolidate the remaining 3. I know wells fargo offers consolidation but their interest rate is to high and i wouldnt be saving any money. Does any one know of any other banks/lenders that can even offer consolidation or had any

My Parents are in foreclosure?

My parents just told me that our house is in foreclosure. They owe 20 grand. Is there anything I can do? I'm eighteen and am trying to find ways to help. I live on long Island. I also have 6 other siblings, one older the rest younger. I don't want them to have to go to a new school. Also, how long does it take to be thrown out

Foreclosure On Credit reads Profit and Loss balance due?

Hello, My home was foreclosure on August 2007 due to a major illness. I am in the process of trying to purchase another home. My credit report states 3 mortgages from HSBC with different account numbers... 1. Opened 06/05 Reported 04/12 Last Active 06/08 High Balance $575,000 Past Due $103,241 Payment Foreclosure Balance $103,241 2. Opened 09/05 Reported 08/10 Last Active 05/07 High Balance $78,800 Past Due and Balance $78,354 Payment Profit and Loss 3. Opened 09/05 Reported 08/10 Last Active 05/07 High