As we all know this is NO guarantee I will get a perm mod. So, I figure its time to think and act like the banks. It will be winter here soon...who wants to move in the winter.....so payments are what I would have to pay for rent anyway...I will play this out until spring...better time to move.
My questions are:
1) When, which and how many bank stmts will GMAC mortgage want to review (I want them perfect)
2) If declined again at the end of trial pymts, when does the foreclosure clock begin...(from my last missed payment) or end of trial pymts.
3) I just got word I may have a new job...but amount of income will not change, will GMAC make me start all over just because of a new job?!
I realize...this is all speculation, nothing is ever written in stone with these guys, just trying to get my ducks in a row and prepared for anything that will come my way....
Thank you guys....all the information here has been helpful...so anything you have on these questions are greatly appreciated.