Need to get out of my MORTGAGE !!!!!! PLEASE HELP?
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contact me. FHA has a program that you may qualify for and get into an affordable fixed mortgage.
esmith@idealmb.com
Need to get out of my MORTGAGE !!!!!! PLEASE HELP?This is why so many lost their homes.
YOU like so many others have bad credit, YOU are a credit risk but you found a way around this and got in over your head.
You must continue to pay the mortgage until you are able to sell the house or risk destroying your MIL's credit.
Need to get out of my MORTGAGE !!!!!! PLEASE HELP?Well for one thing I handle real estate and mortgages. if you did 100% financing and you set the payments onto a Principal and Interest payment .you would still be paying all interest on that loan anyways. Sell the property but I do not know the value? maybe your home is not priced right to sell?. But if you sell it for less than what is owed on the balance then you are in a short sale situation..
All you have to do is pay income tax on the difference of what is owed on the property minus what you sell it for.
But you need to discuss that with your realtor in your area.
I am not in Florida so I do not know Fl laws regarding short sales. I am in California
If you have other questions send me a email there is so much to discuss on email.
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