Ask Me Help Desk

Ask Me Help Desk (https://www.askmehelpdesk.com/forum.php)
-   Real Estate Law (https://www.askmehelpdesk.com/forumdisplay.php?f=29)
-   -   Cant afford my condo and cant sell it (https://www.askmehelpdesk.com/showthread.php?t=682463)

  • Jul 13, 2012, 06:34 PM
    twebb272
    cant afford my condo and cant sell it
    Life changes and can't afford my condo anymore. The bank sent information offering a modification which has been more of a nightmere than 3 other buying and selling of houses. Started the process in Jan and it is now July. Don't want to go through a foreclosure and market value is a good $20+grand less than I owe. Can I just surrender it back to the bank
  • Jul 13, 2012, 06:43 PM
    ScottGem
    Only if the bank will accept it.
  • Jul 13, 2012, 07:36 PM
    Fr_Chuck
    Agree, you may ask the bank, but why should they ? Are you offering to pay them additional money on top of it

    Have you asked them about trying to sell it on a short sale ?

    • All times are GMT -7. The time now is 05:57 AM.