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General Discussions
The Watercooler
Anyone gotten the mortgage assistance from the government ?
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<blockquote data-quote="DammitJanet" data-source="post: 524763" data-attributes="member: 1514"><p>Well I know if you have a lien against your property means you have to pay off the lien before you can sell. Im not sure exactly what this mortgage assistance program is that you are going for though. I have heard of several of them. I think there is one out there for people who have been making there loan payments and become unemployed and cant make their payments and this plan will make their payments for up to a certain time period and it is forgiven if you can start paying your mortgage within that time period. Then there is the other one that lowers your payment and your house price. Not saying that quite right but you get the idea. Like if the house was bought for 100K before the boom and now its only worth 40K so the buyer is so upside down they will never get out, the government is supposed to help.</p></blockquote><p></p>
[QUOTE="DammitJanet, post: 524763, member: 1514"] Well I know if you have a lien against your property means you have to pay off the lien before you can sell. Im not sure exactly what this mortgage assistance program is that you are going for though. I have heard of several of them. I think there is one out there for people who have been making there loan payments and become unemployed and cant make their payments and this plan will make their payments for up to a certain time period and it is forgiven if you can start paying your mortgage within that time period. Then there is the other one that lowers your payment and your house price. Not saying that quite right but you get the idea. Like if the house was bought for 100K before the boom and now its only worth 40K so the buyer is so upside down they will never get out, the government is supposed to help. [/QUOTE]
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The Watercooler
Anyone gotten the mortgage assistance from the government ?
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