I have been reading you articles about foreclosure and i wanted to ask you a cou

  1. profile image47
    Moocaraziposted 7 years ago

    I have been reading you articles about foreclosure and i wanted to ask you a couple of questions.

    I currently have a rental property that will adjust in February 2011 and I can't afford to pay the difference of $700 from the rental income i am receiving.  I am trying to do a modification however the lender is not willing to help out.  If i foreclose on the property can they come after my principal residence?  Also how long do I have until they take the property back and my tenant has to move out?

  2. bethparker profile image85
    bethparkerposted 7 years ago

    Moocarazi,

    The answers to your questions depend on which state your property is located in.  Try searching Google for "____ foreclosure laws," replacing _____ with the name of your state.

 
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