"I am in contract to buy a very large piece of land in the Inland Empire, but have not yet closed escrow. A few months ago, I sat down with the property sellers to negotiate an extension of time to close escrow. At first they resisted, and so I pulled out a map from ForeclosureRadar.com, and...
What happens if I walk away...?
Submitted by tararaesands
from MO
- 06/01/2009 - 1:40pm
I live in Belton MO and have been working with a real estate agent for almost 2 years. We have had a couple offers on the house and have attempted to do a short sale, but my mortgage company will not work with us and insists on full price on the house. I am not currently living in the house and cannot afford to keep making payments as I have lost my job. I am doing odd jobs, but those are few and far between. What am I looking at if I stop making payments on my house and let whatever happen...?
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