Boat Loan Offers
What happens to the veterans if …?
What happens to the veterans, if you lose your house "Forclosure" and that the loan was a loan Veteran VA? I owe 160K, repairs needed are 25 000 and is valued at $ 140K, but offer high was $ 119K. If I let it go, what will happen to me? Should I try to keep it, I'm upside down in equity, because the county said the loss of value due to the accident of the economy and it needs a lot of repairs. The realtor gave up renting it and sell it and he says he's not worth paying $ 1,400.00 per month on something that has no value and will cost me much money to repair? I'm on a Boat without oars 
Help! thanks! Any advice will help Thanks!
Lose, not lose. If you allow the house to prevent or short sale, then your credit is severely damaged and you will be unable to get any type of homeloan for a number of years. Have you looked at changes in the program's Obama? http://makinghomeaffordable.gov/modification_yes.html If this house is only worth $ 140k, as you are paying $ 15k in property taxes each year? (Previous question) on a national average of $ 140k house would be $ 1400 per year.
