Before taking any new loan, always ask yourself if the payments are to much for you.
If they are, then you may want to sell, and start over. If you have equity you will have some cash in hand to buy a cheaper place. If not you may want to short sell, and walk away with your cerdit saved.
If the reason your in forclosure is not because your payments are to much for you, then you have otions. Read the rest of this entry »
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