Real Estate Mortgage Online

Random Feed wrote an interesting post today on
Here’s a quick excerpt
With home values flat or even trending downwards in recent months, many Chapter 7 debtors who have been discharged are asking what happens if they stop paying their mortgages and walk away from homes that are worth less than the outstanding mortgage. If you entered into a reaffirmation agreement during your Chapter 7, you remain liable for the mortgage personally and the lender’s continues to have a first priority lien against the property. If you pack your bags and walk away, your default wi

Read the rest of this great post here

This entry was posted on Sunday, October 25th, 2009 at 9:36 am and is filed under Home Mortgage Online.You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.