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wht will be action take by moratge company?

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Icon Mini Profile amitforum





Joined: 23 Jul 2009

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Post Posted: Wed Aug 05, 2009 8:26 am    Post subject: wht will be action take by moratge company?
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I took mortage last 2 year and pay payment regularly
But now i unable to pay payment .If i will not pay payment onward wht will be action take by moratge company?
Icon Mini Profile livinginnky
livinginnky
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Joined: 08 Sep 2007

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Post Posted: Wed Aug 05, 2009 10:46 am    Post subject:
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they will more than likely foreclose on you. I would call them and discuss your situation right away.
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Eric Matthews

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Icon Mini Profile sunnyca2009





Joined: 04 Aug 2009

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Post Posted: Wed Aug 05, 2009 5:22 pm    Post subject:
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house will be forclsoed and you need to vacate the house after that

That will also affect your credit report and score

Utimately this may result in you not getting a loan for any thign or if you get it probably at a higher interest rate
Icon Mini Profile Realgeni





Joined: 13 Apr 2009

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Post Posted: Wed Aug 05, 2009 7:04 pm    Post subject:
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Also the bank may come after you for the deficient amount once they are able to sell the house

Good luck and feel free to ask
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