I would like to get some information regarding how to shelter real estate investments that I own, if I let my primary residence foreclose or do a shortsale.
My primary mortgage (1st loan) is not the problem we are still current on it, just barely- it's the equity loan we took out for $150K...
Refinancing Mortgage Question...
If the value of your sister's home is actually $200K, and the balance owed is only $55K, then she should qualify for a new mortgage possibly at a different lender. Usually if you have that much equity, it helps to over ride other issues. Otherwise, look into a...