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What can I do?

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Icon Mini Profile martcaros69





Joined: 07 Mar 2011

Posts: 1

1.27 Dollars($)
Post Posted: Mon Mar 07, 2011 10:14 am    Post subject: What can I do?
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I puchased my mobile home 11 yrs ago for 50,000 have been making payments mortgage has been sold twice resently sold again called and checked my balance and now i owe 52,000 what can i do about this will never finish paying off
Icon Mini Profile smithsussane
smith.sussane




Joined: 18 Sep 2008

Posts: 10439
Location: Alaska
985.83 Dollars($)
Post Posted: Tue Mar 08, 2011 12:29 am    Post subject:
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Hi martcaros!

Welcome to forums!

You should refinance the mortgage with some other lender and with different rates and terms and pay it off. Or else, you can list the property in the market and sell it off and then pay off the lender in full.

Feel free to ask if you've further queries.

Sussane
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