" Make the most out of your foreclosure !
You might as well take the bank
to the bank . "
#1 Walk away. Stop worrying about your credit and bills. At this point, put your cash under the mattress and stay as long as you can in the house. You have a minimum of 4 months in most states.
#2 Declare BK. If you have documentable income, and under a certain limit...Consult a lawyer and go this way. You can get a new home loan, FHA, within 3 years. What are you waiting for?
#3 Invest the money you save in the stock market or buy something nice for you. Why waste time with a short sale or real estate agent in this terrible market? Enjoy your life.
" Understand, then Negotiate With Your Lender "
Understanding Credit and Foreclosure. Live rent free while you wait. Fix credit later. Free Help - Free Government Help - Stop Foreclosure - Effects on Credit - Information
Credit And Foreclosure / NOD / Shortsales
