After Bankruptcy Va Loans
What happens if I need a permit for two houses default this year?
Long story short, we have a home for sale 3 years W / A mortgage goes into default in the hope of a short sale, the worst-case scenario to act in his place. Because we were two mortgage payments a loan of $ 30k to keep afloat for two years to above the defect can not be kept at bay. Now we to pay these loans, and rising property taxes and insurance Florida are looking to leave the residence Principal (w / conventional loan on a second mortgage) are in the same time instead of waiting a few more years possible default, so that we can "cure" in the next 24 months and rent. Our credit score is currently 700 with the VA loan in default 10 months. We pay four mortgages in the past. What happens to credit score, mortgage potential impact after two years of taxes? You can complete the declaration bankruptcy, after all is said, if we can not leave this house heavy debt. Suggestions?
Have you thought about selling one of these homes using an option leases? Here is a forum that might be able to answer the questions that you entered: http://www.loansafe.org/forum/
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