Thread: Money How broke are you?
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Old 03-18-2011, 12:07 PM   #43
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Join Date: Aug 2000
Location: Orlando
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Quote:
Originally Posted by R8ers View Post
Don't let them forclose, if you do they determine how much you owe when they sell it, if you short sell you do.
I would rather not foreclose. I'm not behind on my payments or anything, but I may be losing my job because of layoffs and I have enough in savings to buy a home and would still have money left over. I don't know if I decided to short sell my current home if they could come after my next home or what I had in the bank.
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