Nobody bought the house, what can I do
May 05, 2008
My Mort.called after the sheriff sale in Dec, stating nobody bought the house. They have it listed for sale. On the Dec call, they told me I have to be out 6-21-08.I just received a letter from their attorney, stating the house was sold,and bought by my mort, then will go back to HUD in 60 days and I can apply to rent the house from them. My questions,Is it sold or not? Can HUD help me out? No body at my Mort house returns my phone calls, they're always are a record your message. I'd really like to work something out, with anybody. I can't afford to move, renting another house is not an option. I'd buy another house on land contract, if I could get a willing backer.
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Comments
My husband and has two properties with different mortgage lender, the first home is both in our name and the second home is only under his name. I am a white collar worker and my husband ventured in having his own business which is not at all doing well. We are one month behind with the mortgage with Countrywide. I want to know what is the best option for me. We also have a lot of credit card debts. We have made a lot of bad decisions in our lives, this is why we are in this predicament. Today's economy just makes it worst.
We relocated 2.25 years ago, our house in metro,MI still hasn't sold or leased.We can't keep up 2 house payments&bills any more. We are considering letting the one for sale go into foreclosure or sell to mortgage co. Can they come after our other home? or us? Don't know what to do.Desperate







Thanks