Comments on: Sell Your House Or Let The Bank Foreclose? http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/ Economics. Data. Software. Fri, 15 Oct 2010 05:46:19 +0000 hourly 1 http://wordpress.org/?v=3.1.2 By: Reality Check (Part 1 of 3): The Scam | Alternative Media, Progressive News Blog http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/comment-page-1/#comment-460 Reality Check (Part 1 of 3): The Scam | Alternative Media, Progressive News Blog Fri, 15 Oct 2010 05:46:19 +0000 http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/#comment-460 [...] those owners who are “upside down” on their house, more and more financial analysts are advising — or perhaps encouraging — owners to sign the house over to the bank and to [...] [...] those owners who are “upside down” on their house, more and more financial analysts are advising — or perhaps encouraging — owners to sign the house over to the bank and to [...]

]]> By: Melissa http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/comment-page-1/#comment-457 Melissa Tue, 11 May 2010 14:09:29 +0000 http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/#comment-457 I am trying to decide if foreclosure, selling or bankruptcy are my best bets. I am a single mother of a 6 year old and have a home financed through USDA Rural Development, this loan increases yearly based on my income and is now over $1000.00 a month just for my house payment only. HELP!!!!!!! I dont know what to do and cant keep doing this!! Melissa I am trying to decide if foreclosure, selling or bankruptcy are my best bets. I am a single mother of a 6 year old and have a home financed through USDA Rural Development, this loan increases yearly based on my income and is now over $1000.00 a month just for my house payment only. HELP!!!!!!! I dont know what to do and cant keep doing this!!

Melissa

]]> By: nita http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/comment-page-1/#comment-455 nita Thu, 06 May 2010 15:44:26 +0000 http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/#comment-455 Richard think about this. Where would you go and be able to live on your present income? You may be able to charge someone 400.00 or 500.00 a month to rent a room. That depends on where you live. If you decide to foreclose, how much money will you have to put out in your next place? If you go and rent a room with someone else. how much will they charge you and how often will they go up on your rent? I can only imagine how you must be feeling on the inside. think about this through and through though. I'm almost certain you will be able to get a roommate through word of mouth. Ask around to some of your buddies and even at church. Someone will be more than happy to rent a room. You just have to be willing to open up your home and allow them some previledge. Hope this helps. Richard think about this. Where would you go and be able to live on your present income? You may be able to charge someone 400.00 or 500.00 a month to rent a room. That depends on where you live.
If you decide to foreclose, how much money will you have to put out in your next place? If you go and rent a room with someone else. how much will they charge you and how often will they go up on your rent?
I can only imagine how you must be feeling on the inside. think about this through and through though.
I’m almost certain you will be able to get a roommate through word of mouth. Ask around to some of your buddies and even at church. Someone will be more than happy to rent a room. You just have to be willing to open up your home and allow them some previledge. Hope this helps.

]]> By: nita http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/comment-page-1/#comment-454 nita Thu, 06 May 2010 15:36:25 +0000 http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/#comment-454 Richard where do you live? Have you thought about renting out a bed room? That will hlep you out alot. Richard where do you live? Have you thought about renting out a bed room? That will hlep you out alot.

]]> By: RICHARD http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/comment-page-1/#comment-447 RICHARD Sun, 04 Apr 2010 22:34:14 +0000 http://blog.potterzot.com/2007/10/24/sell-your-house-or-let-the-bank-foreclose/#comment-447 I AM 75 YRS OLD . NO JOB . MY MORTGAGE IS $500 A MONTH , I ONLY MAKE $659.00 ON S.S. , NO RETIREMENT $$$$$$$$$$ I CANT LIVE ON THIS AND STILL MAKE PAYMENTS FOR 20 MORE YRS ON HOUSE . FORECLOSURE !!!!!!!!!!! YES OR NO ? I HAVE NO CREDIT ANYWAY , NO CARDS AND OWE THE V.A. A BUNCH IN MEDICAL BILLS - SCREWED RICHARD I AM 75 YRS OLD . NO JOB . MY MORTGAGE IS $500 A MONTH , I ONLY MAKE
$659.00 ON S.S. , NO RETIREMENT $$$$$$$$$$ I CANT LIVE ON THIS AND STILL
MAKE PAYMENTS FOR 20 MORE YRS ON HOUSE . FORECLOSURE !!!!!!!!!!! YES OR NO ? I HAVE NO CREDIT ANYWAY , NO CARDS AND OWE THE V.A. A BUNCH IN
MEDICAL BILLS – SCREWED

RICHARD

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