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Old 09-03-2008, 10:39 AM
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Default VA Loans and Foreclosure?

If I foreclosed on a property in MD will my home in another state be at risk? I have a VA loan so would that guarantee the bank would not come after me and if they do, do they wait until after they sell the property?I am not pocketing any money. I am in a negative equity situation and have had my home on the market for over a year. With all the rentals flooding the market I can not compete. I have a $700 condo fee a month on top of the mortgage and I can't continue to pay $2200 a month even with a second job
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