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In response to
"A Detroit congress woman is telling constituents to not move out if foreclosed, paper work is so messed up at all those merged loan bundles that if "
by
zeitgeist for dogs
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That's good advice. Also, if you're upside down and are going to lose your house...
Posted by
Mop (aka rburriel)
Jan 29 '09, 21:51
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...you can stop payments and probably stay in the house 10-12 months before the sheriff shows up with the notice to vacate. During all that time, you save your money, rent for a year, and use your savings and repaired credit to buy a new house (maybe even the house you lost).
Raul
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