We owe 5,000 on our house and it’s now worth about 0,000. We have an ARM that is going to reset in Jan 09. We definitely can’t afford the ,000 jump in payment. Called the mortgage company (Ocwen) and they said we do not qualify for the government’s freeze on interest rates program because our ARM was for 3 years instead of 2, but they said call back closer to the time the loan is set to reset and they’ll work with me. Somehow I doubt it and I don’t want to pay my ,100 property tax bill on the house if I’m just going to lose it in the end. Plus, I’m thinking about all the money we could save every month if we let it go and just rented a house. We’d save about ,000 a month on rent and ,000 a year on property taxes. Why hold on to a house that costs too much and has no equity? Not to mention it’s an interest only loan, so paying it off will NEVER happen. Please give me your advise. Is foreclosure really so bad? My credit score is already low (610)
Posts Tagged ‘branch managers’
Should I try to hold on to my home or let it go into forclosure?
Saturday, November 14th, 2009Related ‘branch managers’ sites :
| Branch manager - Wikipedia, the free encyclopedia Branch Manager is also the name of the 1990s Washington, DC-area punk band on the well-known Dischord Records label. [edit] Notes and references ... en.wikipedia.org/wiki/ | |
| Branch Manager's Letter Branch Manager's Letter is a monthly newsletter for banks and credit unions. www.branchmanagersletter.com/ | |
| ArmyReenlistment.com - Branch Managers Take control of it before someone else does!" Army Branch Managers. Contact Information. Maneuver, Fire, & Effects (MFE) (Formerly Combat Arms) Air Defense Artillery ... www.armyreenlistment.com/ | |
| Financial Managers Branch managers of financial institutions administer and manage all of the functions of a branch office. ... Banks typically fill branch manager positions by promoting ... www.bls.gov/oco/ocos010.htm | |
| Body Corporate Services :: Branch Managers Garry McDonald - Nelson Bay Branch Manager. Kerry Kemp - Forster/Tuncurry Branch Manager ... Ian Ross - Hawthorn Branch Manager. Michael Jeans - Melbourne Branch ... www.bcssm.com.au/ | |
| Branch Manager Branch Manager - Find Banking Jobs at Ewing Irrigation Products in Signal Hill, California careerbuilder.com/JobSeeker/ | |
| ABC About Us There are many ways people prepare for a career as an ABC branch manager. ... An ABC branch manager is responsible for leading his or her team of ... www.abcsupply.com/About.aspx? | |
| Branch Manager Jobs | Monster.com Find Branch Manager jobs on Monster Job Search. Browse for more job openings on Monster.com. jobsearch.monster.com/ | |
| Kennebec Savings Bank...207-622-5801 Kennebec Savings Bank in Augusta, Maine operates as the primary bank of individuals, families, self-employed professionals and small-to-medium sized businesses in our ... www.kennebecsavings.com/ | |
| Tamalpais Bank | Branch Manager | Marin Community Bank Our Marin based Relationship managers offer personal service or business banking and personal banking customer to open an account, please call or email the branch ... tambank.com/ | |