Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Help Stop Foreclosure - Loss Mitigation Help » Help Stop Foreclosure » I work for my mortgage company, Can I lose my job if...

Help Stop Foreclosure Chat about everything Mortgage related. our staff are ready to answer any Mortgage questions you may have. All advice is free.

Short Sale    Loan Modification    Loss Mitigation Training    Short Sales Training
Reply
  #1 (permalink)  
Old 07-06-2010, 11:36 PM
Junior Member
 
Join Date: Jul 2010
Posts: 1
Default I work for my mortgage company, Can I lose my job if...

...I proceed with a deed in lieu? I work for my mortgage company. I have already confirmed that I can do a short sale, and not lose my job. I am being transfered to another location, in another position within my company. I cannot afford to commute to the new location. I am already behind on my mortgage. My question is this. IF I qualify for a deed in lieu, is there a risk or chance that I could lose my job (if I follow thru). Any assistance is greatly appreciated.My home has zero equity. In order for me to proceed with a short sale, the home would have to be on the market for 90 days. I cannot afford the closing costs, should someone opt to purchase the home.
Digg this Post!Add Post to del.icio.usBookmark Post in TechnoratiFurl this Post!
Reply
Thread Tools
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Trackbacks are On
Pingbacks are On
Refbacks are On




All times are GMT -4. The time now is 03:25 AM.
Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd. Free Foreclosure Help