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• 1. S

     should my friend do this

     Nevada, My friend purchased a house in April 2006 in Las Vegas, primary residance for 304k. The forclosed houses in his neighborhood are going for 150k as there are quite a few. He was talking to a broker and they said that he could purchase the house accross the street for 150k at a better...

     • svt4cobra6
     • Thread
     • Jan 3, 2009
     • Replies: 7
     • Forum: Debt Collections
  2. S

     friend of mine needs advice(walk away from loan)?

     Hi my friend lives in Nevada and is a government contractor with a security clearance. He purchased a house in Las Vegas in spring 2006 with an 80%/20% (balloon payment in 12.5 years I think on the 20%) Countrywide loan on both. He has 2 dependants and paid over 305k for his house but he...

     • svt4cobra6
     • Thread
     • Dec 28, 2008
     • Replies: 7
     • Forum: Other Government & Administrative Law Matters