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Old 04-27-2009, 10:42 PM   #9 (permalink)
lillyng
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Re: Trying to modify for 7 months, not making any more payments!!

Quote:
Originally Posted by jayldee View Post
Hi lilly, I havent made a payment in four months. I'm trying to hold on as long as I can. Brand new homes in michigan are going for like 50,000 in nice areas, it's foreclousre heaven up here due to the big three problems. We have investors from other countries buying up foreclose homes like crazy, I know friends who brought homes for 40 grand when they were over 200,000 in 2006. I'm just trying to save all the money I can right now just in case countrywide doesnt offer me any help, maybe I can purchase a forclouser without a mortgage. I don't even feel like a homeowner, I feel like an over charge renter with a slumlord. I also have a friend, I don't know the mortgage company, I had confirm it with his family too, He told me that he hasn't paid a mortgage in almost two years!!!
Hi,
I paid $3416/month for mortgage. If I can live free for about 12-16 months. I gget back my equity and go for plan B
When I attended NACA workshop. Realized that NACA not need scores for home buyer
Post updated and let us know
Thanks
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