Loan Modification Forum - LoanSafe.org - View Single Post

Judith · 04-11-2008, 02:43 PM

I spoke with an appraiser this week - she ran some comps on homes that sold over the last 6 months in my neighborhood. The only homes that sold were all short sales and one foreclosure. The neighborhood is only 3 years old! I've been pondering about taking money out of my deferred comp and buying a home with a more manageable monthly mortgage payment. What do you think?

04-11-2008, 02:43 PM	#28 (permalink)
Judith Junior Member Join Date: Apr 2008 Posts: 4 Nominated 0 Times in 0 Posts TOTW/F/M Award(s): 0	Re: Ways to Stop Foreclosure I spoke with an appraiser this week - she ran some comps on homes that sold over the last 6 months in my neighborhood. The only homes that sold were all short sales and one foreclosure. The neighborhood is only 3 years old! I've been pondering about taking money out of my deferred comp and buying a home with a more manageable monthly mortgage payment. What do you think?