Zhann opened this issue on Jan 30, 2007 ยท 51 posts
rickymaveety posted Sat, 03 February 2007 at 10:17 AM
As long as we're kvetching ..... I moved from California to Texas, but kept my home in California so I could rent it to a friend who needed a place (for like $2000 under market per month).
Found out it was HARD to make two mortgage payments every month, so now it looks like I will lose the condo and about $250,000 in equity in the condo.
Meanwhile, I sold my car in Cal to give me enough cash to catch up on the condo mortgage so I would have a little more time to sell it (it's been on the market for about six months ... no takers), and the bank took the money out of my account to pay the FEB mortgage, which left me not enough to pay the back payments, and they won't take partial payments .... sooooooo
they are holding my money "in suspense" and will credit it to me after they foreclose.
Ah, the joys of Catch 22.
:)
Could be worse, could be raining.