http://www.sellingnorthernnv.com/2008/12/buy-and-bail/ Quality Real Estate News and Market Data Fri, 20 Jan 2012 22:44:54 -0700 hourly 1 http://wordpress.org/?v=3.1.3 http://www.sellingnorthernnv.com/2008/12/buy-and-bail/comment-page-1/#comment-7223 Hitomi Sat, 21 Aug 2010 13:56:12 +0000 http://sellingnorthernnv.com/?p=41#comment-7223 I have a 1st mortgage of 255k, and a 2nd of 75k. If we sold our home today, we might break even. We have never had a 30 day late on our 1st or 2nd mtg. We did, however, experience some financial hardship due to the loss of my job and it took 18 months for me to find full time work again. This drove up our credit card debt and hurt our credit. We are currently not delinquent on anything, but have had a few 30 day lates on credit cards, and have 1 collection acct for $125, which we are fighting. Our HE has matured, and now the bank won't refi due to past delinquent credit cards. What will happen now? Will they foreclose? I have a 1st mortgage of 255k, and a 2nd of 75k. If we sold our home today, we might break even. We have never had a 30 day late on our 1st or 2nd mtg. We did, however, experience some financial hardship due to the loss of my job and it took 18 months for me to find full time work again. This drove up our credit card debt and hurt our credit. We are currently not delinquent on anything, but have had a few 30 day lates on credit cards, and have 1 collection acct for $125, which we are fighting. Our HE has matured, and now the bank won’t refi due to past delinquent credit cards. What will happen now? Will they foreclose?

]]> http://www.sellingnorthernnv.com/2008/12/buy-and-bail/comment-page-1/#comment-2439 Mallorca Property For Sale | Majorca Properties Tue, 13 Apr 2010 11:41:19 +0000 http://sellingnorthernnv.com/?p=41#comment-2439 Loved the information here I’ll have this bookmarked and will be back to read more. Loved the information here I’ll have this bookmarked and will be back to read more.

]]>