Loan Modification - Free Foreclosure Help - Help Stop Foreclosure » Loss Mitigation Discussion to Stop Foreclosure » Stop Foreclosure - Save my Home » Foreclosure - Rental/Investment Property?

Short Sale    Loan Modification    Loss Mitigation Training    Short Sales Training
Reply
  #1 (permalink)  
Old 09-09-2010, 02:38 PM
Junior Member
 
Join Date: Sep 2010
Posts: 1
Default Foreclosure - Rental/Investment Property?

I have 2 unoccupied rental properties (1 in SC, 1 in AR.) I lost my job a couple of months back. I tried to work something out with each of the banks, but they basically said that all of the assistance programs were for primary residences only. It looks like they'll go into foreclosure very soon and I'm having a hard time finding accurate info.What is the process?These are exclusively in my name. I bought them when I was single, but I'm married now. Will my wife's credit be affected?Are the banks allowed to freeze my bank accounts? What about things in my wife's name?Will this affect my primary home?Thanks In Advance.
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 04:56 AM.
Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2012, Jelsoft Enterprises Ltd. Free Foreclosure Help