Dear Steve Hi! I am a piano teacher, and due to the bad economy have very few students, even though I am used to having plenty. We just moved because we could no longer afford where we lived. We gave up our house in a deed in lieu of foreclosure. My husband took a cut …
Question: Dear Steve, While working great job I purchased timeshare in Florida near Disney. Lost job no longer able to pay. They just sent me a settlement on the foreclosure but said it will be a $950 processing fee I would like to complete the deed in Lieu but how can they charge so much …
Question: Dear Steve, I purchased a home in March 2012 while active duty military. I left military March 2013 and returned as active duty March 2013 (same month and not sure if the service member relief act can play a part in that). Divorced November 2013 and was given home. In November 2013 contacted the …
“Dear Steve, I had a deed in lieu on a property in 2006 and in the process of trying to get it removed by contacting both the bank and credit bureau….the mortgage had need sold at least 3x and now Chase bank owns it. So after 2-3 letters to both the bank and credit bureaus….denying …
mortgage modification,we waited 3 months for this program to come to term.when we recieved it they added 20,000 and 16 years to our life time debt,mind you we’re in our mid 50,s.we chose not to sign.now our other option would be .forclose or sign the deed over.so we decided to sign it over.whats your take …
We can’t make our payments, applied for a modification over a year ago. Paid trial payments and the first couple of regular payments, then received a notice from the mortgage co. that they were mistaken, and the mod had not actually gone through. I stopped making the payments as they were not being credited anyway. …
“Dear Steve, Ex and I divorced last year. I left him the house but the judge did tell us the decree did not relieve me of the mortgage responsibility. Unfortunately he was not able to refi because of his current income. Called me last week to ask if I’d like the house back because he …
“Dear Andy, In 2006, I had a house built from the ground up for my mother to lived in. I paid the mortgage every month always on time. Never missed a payment. My mother passed on 1/11/11, the house is now vacant. I put the house up for sell in March 2011. I paid 180,000 …
“Dear Steve, I am in a deed in leiu of foreclosure and would like to sell all I can. Can I sell the appliances? Donald” Dear Donald, I would imagine that as long as the appliance is not built-in and would normally move with you when the house was sold, then yes. But it would …
“Dear Steve, Lost of jobs nowhere to turn. Husband and i both lost our jobs we have fallen behind on our bills and our mortgage. What is the safest quickest way to get out of our home without haviing to file bankruptcy? What about a short sale or lieu of deed? What does that cost? …