Saturday, January 2, 2010

California Jumbo Loan Limit I Am Foreclosing On My House In California. I Have An 80/20 Loan. Can I Just Walk Away?

I am foreclosing on my house in California. I have an 80/20 Loan. Can I just walk away? - california jumbo loan limit

I have a first and a jumbo jet to go home. My mortgage has climbed the sky and assets decreased $ 200 thousand in the past year.

I am foreclosed on the house.

Do I pay any loans? The 80 and 20 are of the same bank.

If only, if the correct answer, not what he feels.

6 comments:

Anonymous said...

Billy, without us, tell him what you, there is no way any of us really a clear answer. Have you talked to the mortgage company? You may be willing to work something. If you have, but the bank has decided to ensure the property is the only realistic option, in order, there is little damage would seek legal advice, because all states use similar laws. I would also finance all the documents about your company and spend a couple of times that the answer to your question there are more than likely.

Victor, it clearly shows that increased to 200 miles worth.
80/20 loans does not mean you have a 20%. A loan on the back is done, that the owner can not with money PMI or save a 100% financing.

Anonymous said...

Have you talked to the mortgage lender, to try to draw something? I feel bad for the situation in this one. Good luck to you.

Anonymous said...

You Just Do not Walk Away.

Read http://www.washingtonpost.com/wp-dyn/con this item ...

Anonymous said...

You Just Do not Walk Away.

Read http://www.washingtonpost.com/wp-dyn/con this item ...

Anonymous said...

Billy, without us, tell him what you, there is no way any of us really a clear answer. Have you talked to the mortgage company? You may be willing to work something. If you have, but the bank has decided to ensure the property is the only realistic option, in order, there is little damage would seek legal advice, because all states use similar laws. I would also finance all the documents about your company and spend a couple of times that the answer to your question there are more than likely.

Victor, it clearly shows that increased to 200 miles worth.
80/20 loans does not mean you have a 20%. A loan on the back is done, that the owner can not with money PMI or save a 100% financing.

Anonymous said...

Billy, without us, tell him what you, there is no way any of us really a clear answer. Have you talked to the mortgage company? You may be willing to work something. If you have, but the bank has decided to ensure the property is the only realistic option, in order, there is little damage would seek legal advice, because all states use similar laws. I would also finance all the documents about your company and spend a couple of times that the answer to your question there are more than likely.

Victor, it clearly shows that increased to 200 miles worth.
80/20 loans does not mean you have a 20%. A loan on the back is done, that the owner can not with money PMI or save a 100% financing.

Post a Comment