The government was supposed to help with mortgage foreclosures where do you get info and help?
by Mortgage Rates on Thursday, September 30th, 2010 | 2 Comments
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Contact the FHA – they might be able to help you refinance your mortgage especially since you are not “behind” in making payments yet.
How about the programme where you buy a house you can afford instead of whining for someone else to fix your mistake? You agreed to pay more at selected dates when you took out the ARM, now you act surprised? You took advantage of the cheap payments and low interest now you don’t want to hold up your end of the deal. Tough. Suck it up and pay it or buy something you can afford.
Edit: As a matter of fact, FL has been hit hard. But we bought a foreclosure and paid in cash. And my job was completely eliminated just before Christmas last year. But we had saved a portion of it just in case that happened, and I hit it hard finding another contract. We bought what we could afford, and it ticks me off that our taxes are paying for people who think they “need” the most expensive house they can get approved for. We have a 3,000 sq ft brick house on 3 acres, you can get very nice homes very reasonably by buying foreclosures, govt auctions, etc and doing remodel work yourself.
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