A Complete Guide to the Loan Modification Process - Part 3 of 3
9:25
Added: 3 years ago
From: PorchLightScott
Views: 4,133
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  • If you're seriously underwater your best bet is to consult a lawyer, then stop paying your mortgage. Live rent free for a year or more until you get an eviction notice (that's how long it takes by me). SAVE that money in a safety deposit box or large safe. Then go rent a house for 2-3 years, keep saving your money (hopefully you'll still have your job). Then buy a house 3-4 years from now at the current market value which will be 15-25% lower than today's home values.

    RayAir1 9 months ago

  • Interesting

    Lswisdom77 2 years ago

  • Great contribution on behalf of this group.

    RoxNYC 2 years ago

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