tashaessop
Jan 28, 2008, 07:58 AM
I am currently a home owner with 3 of my family members. We decided a few years ago to re-mortgage our house and do some renovations and pay off some debts. We ended up taking $50 000. I applied for a loan but the financial company told me they would have to put a lien on our house. I am worried that if I do this I may not be able to sell the house and that the other three parties involved may end up being screwed because of me. They company I want to borrow from told me that it would be no problem at all , if I ever wanted to sell they would only take the profit from my portion of the house sale. Is this true.
I don't know what to do as I am struggling to pay off my debts? Should I just go the one of those debt companies and hand in all y credit cards and pay them a monthly fee until I pay it all off ? SOME ONE PLEASE HELP?
I don't know what to do as I am struggling to pay off my debts? Should I just go the one of those debt companies and hand in all y credit cards and pay them a monthly fee until I pay it all off ? SOME ONE PLEASE HELP?