Posted on: 25th Jul, 2012 12:26 am
I live in California and have a home there. The property has a loan of $535k and 60k. Yes, you’re correct, there are 2 loans. The present value of the property is $955k. Property already in foreclosure but not sale date has been set. Need help to save property from foreclosure.
Welcome Batman,
You have equity in your property. If you have a good credit score, then you can try refinancing both the loans into one. This will help you stop foreclosure, save your property and get better rates to pay off the new loan.
You have equity in your property. If you have a good credit score, then you can try refinancing both the loans into one. This will help you stop foreclosure, save your property and get better rates to pay off the new loan.
Hi Batman!
Welcome to forums!
Check out if the lender allows you to modify your loan. This can also help you to save your property from impending foreclosure.
Feel free to ask if you've further queries.
Sussane
Welcome to forums!
Check out if the lender allows you to modify your loan. This can also help you to save your property from impending foreclosure.
Feel free to ask if you've further queries.
Sussane