Ask Experts Questions for FREE Help !
Ask
    Belinda Niemann's Avatar
    Belinda Niemann Posts: 1, Reputation: 1
    New Member
    		  
    #1

    Jan 14, 2009, 09:50 AM
    Giving our home back to the bank
    My husband and I bought our first home last Dec. 2007. We have found out that he has pantratic cancer this Dec the 18th 2008. If he passes away there is no way I can make the montly payments on what I make,I don't even make 10 dollars a hour. How do I go about giving the house back to the bank?. Any help in this matter will be apprecaited.
    stevetcg's Avatar
    stevetcg Posts: 3,693, Reputation: 353
    Ultra Member
    		  
    #2

    Jan 14, 2009, 01:03 PM

    Have you considered selling it?
Not your question? Ask your question View similar questions
 

Question Tools Search this Question
Search this Question:

Advanced Search

Add your answer here.


Check out some similar questions!

Giving your house back to the bank [ 6 Answers ]

Help! I made a bad investment in a place that is going nowhere. If I give my house back to the bank, will it affect my credit? :eek:

Giving house back to the bank [ 2 Answers ]

I'm interested in giving my rental properties back to the bank because they are selling for less than I owe on them and the mortgages continually increase. I can't rent them for the amount of the increasing mortgage payments. Are there negative tax reprecussions?

Giving a house back to the bank [ 6 Answers ]

We purchased a home in Colorado in 2001 in a community where we own the house but not the land. We have tried and tried to sell the house for the past three years but to no avail. We are not asking a lot for the house, just the pay off price. We have since retired and can no longer make the...

Giving back the home to bank [ 5 Answers ]

What is the best process to give back the home to the lender when we can not qualify for a reduced interest rate . State of Florida Our home initially estamated at 180K now 3 years later due to real estate conditions has valued at 120k and the lender will not refinance. We can no longer make...

Giving back home to the bank [ 3 Answers ]

How can I give back my to the bank If I cannot make the payments.

View more questions Search