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gregpfielding
@
2012 Mar 14, 6:42am
gregpfielding
@
2012 Mar 14, 6:42am
Do you think there's no point in applying then?
If you really want to keep the house and modify the loan, it's worth a shot. Just don't expect any principal reduction.
If you are well-underwater, you may be best just to move on and start enjoying your new life as a renter.
And I bet in 2-3 years you'll be able to buy back the same house for even less if you wanted to.
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Now, what can I expect? Should I just plan on being out by the auction date early next month?
I plan on leaving most of the stuff I don't need behind. Are there any items I can't take if they offer keys-for-cash, assuming they do that? I upgraded a lot of things, including the water heater to tankless, some appliances, the lawn...:)
Any information about what happens or is likely to happen at this juncture welcome.
Thanks!