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  #1  
Old 10-06-2005, 01:32 PM
Junior Member
  
Join Date: Oct 2005
Posts: 2

walking away from mortagage letting them foreclose

What is the name of your state?MINNESOTA
QUESTION: I can't afford my house payments any more. I'am on SSDI. What
trouble can I get into, if I was to walk away from the house, let them foreclose. But purchased a Mobile Home before the forecloser started?
Last edited by CRUZHAZEL; 10-06-2005 at 01:39 PM. Reason: made a misstake
  #2  
Old 10-07-2005, 10:15 AM
Member
  
Join Date: Mar 2002
Posts: 218
Lot's of trouble.

Have you considered selling the home?

Tell us more about your situation - mortgage balance(s), home value etc...
How old are you? Reason I ask is maybe a reverse mortgage would be an option for you and you need to be 62 or so to be eligible.
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