Foreclosure University Forum

Can't afford second home (condo)

by Tx foreclosure ⌂, MN, Monday, July 06, 2009, 08:00 (3668 days ago) @ foreclosureuniversity
edited by foreclosureuniversity, Monday, July 06, 2009, 11:14

Your best bet is a loan modification. There is not much chance of selling it unless you want to eat the loss, but a loan restructure could give you some time to let the market re-stabilize and either put you back into a positive position, or get you to the point that you're just as happy to continue owning the condo. Good luck

Mike Williams

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