If it were just a couple thousand in difference, no. But if we are talking about 10k or more, yes I would. It's very hard to wait out or live out that difference. I've been pretty lucky so far, my property has held and even improved in value since I purchased it in 2007. So for now, we are staying.
The banks have been stupid and pushed people.
macpduff 1 year ago
I defaulted on my 400k nightmare in 2009. I'm living rent free, squatting for 15 months.
When I asked for a loan mod, the bank agreed, only to tell me later to miss 3 payments in order to qualify.
They then asked for the 3 missed payments = 9000, and refused to not foreclose.
tybaltromeo 1 year ago
WOW - one of the few! an increase in value from 2007 to today...that's rare - curious ...what part of the country you in?
BenPargman 1 year ago
If it were just a couple thousand in difference, no. But if we are talking about 10k or more, yes I would. It's very hard to wait out or live out that difference. I've been pretty lucky so far, my property has held and even improved in value since I purchased it in 2007. So for now, we are staying.
Boomer1949 1 year ago