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Yes I have talked to my mortgage company and all they tell me is to come up with at least half of what is past due and they might be able to divide the rest into payments. They also told me there is not a sale date set for my house so I’m okay to try and sell it until the end of March. I don’t have much equity in the house. It appraised for $125, 000 and I owe $123,000. I don’t think I can qualify for a line of credit because my scores are low to mid 500s and so are my DH. I was thinking about trying to refinance the current mortgage and rent it out to someone but since I’m leaving the state its kind of scary because I won’t be around to check out the property. Do you think I could qualify in refinancing the house if my scores are low? I plan on moving out of the state in July 2005.

Cheryl I was wondering if you could give me those names of companies that would consider a refinance while in foreclosure status. I live in Texas. I would like to get this taken care of as soon as possible. Thanks.

I was wondering what happens when a morgage company submits a house to foreclosure? My house is currently in foreclosure status but if I come up with $4,000.00 then I can take it out of foreclosure and continue to sell it. I'm not sure what I should do because I don't have the money to bring it up to date. Will I be able to get another house? If so how long do I have to wait to apply for another loan for a house? Will foreclosure give me a judgement on my credit report? Can I delete judgements off my credit report? Also I'm moving to another state in a couple of months will that help me in getting another house?

Thank-you for all of your ideas and suggestions. I hope I answer all of your questions: Gingerly asked: Am I behind on any payments on my credit cards, loans and banks? No I am not behind on any of these because I know they can have a major affect on my credit. I’m trying to raise my credit scores and don’t want any late payments reported. Quit Screwing Me asked: How do you stand with your mortgage payments? I am behind 2 payments because the house was in the process to be sold. My mortgage company is working with me to catch up because of what happened I’m dividing the payments over 12 months but I hope it sells within the next month TxQuiltGirl asked: What is my income? I bring home $2,600 a month after taxes and my husband brings in $1,770 a month after taxes. Hegemony asked: If there are any remaining legal issues with the NSF checks? No there is not any legal issues with these checks. My other bills consist of Car paymenst (mine & DH)& insurance: 1,000month Cell phone: 100 month thats all I pay since I'm living with family rent-free I just wasn't sure what I should start paying off first and how much I should be saving.

I am trying to pay off my debt and eventually start a savings plan. My problem is that I don’t have a lot of credit card bebt but I do owe family/friends, pay day loans and other small business loans, NSF checks. I’m not being charged any interest on these items and would like to pay them all off. I was in the process of selling my house but at the end the sale didn’t go through so I have additional utilities that I owe plus I will have to start paying my house payment again. My problem is that I’m not sure what I should pay off first or where to start. Does anyone have any ideas? Any suggestions? Here is a breakdown of what I owe. Can anyone please help? Credit Cards: $1,262 NSF Checks: $1,892 Family/Friends: $5,100 Loans: $1,665.00 Banks: $3,128 Medical: $645.90 Utilities: $716.37 Pay Day loans: $2,363 Old cell phone balance: $355 Canceled insurance policy balance: $134 Past due fees at gym: $337 I no longer live in the house and I'm living with family (rent free). I will have to pay my house again but no utlities (the house is up for sale again). Should I start a savings plan even if its $10.00 a week.

Please someone give me some suggestions.

Sorry I didn't post enough info on my 1st post. The sales price came out to: $114,500 Settlement Charges to Seller: $7,733.25 Pay off from Centex Home Equity: $121,225.46 Option Fee Refun to buyer: $100.00 Home Warranty to Best Home Warranty:$305.00 Property Taxes: $3,052.66 Total reductions amt due seller: $132,500.00 Gross amt due to seller: $114,500.00 Cash needed from seller: $18,000.00 I think the appraisal from Centex came out to $124,000 when we did the home equity loan. I really don't want to do a foreclosure because it will effect both of our credit reports and my husband works in a position where they always check his credit before offering him a job. Since we are in the process of re-locating to another state he's in the middle of the hiring process. Also I heard that its very hard to purchase another house once you have a foreclosure on your credit record. Are there any other options besides foreclosure? DallasLoanGuy: You wrote: you just brokered on thru them what does that mean? I'm new to all this house stuff. This is my first house I've ever purchased before.

My husband and I currently own a home in TX we did a home equity loan Feb 2004 the total balance came out to $113,000.00. We are currently trying to sell the property because we are planning on moving out of state by June 2005. We had an offer and were in closing but we were told that we needed to come up with $18,000.00 to close the entire deal. The house is currently in foreclosure status and my mortgage company (Centex) wants me to come up with at least $3,500 because the past due amount including attorney fees is $7900 and if I come up with half they can re-instate my loan. Also my taxes are due and they total to $3700. I don’t want to lose my home due to foreclosure I would like to sell it and get it off my hands but in the meantime I’m not sure what to do. Can I re-finance it and pay off my taxes/insurance and try to keep selling it? When we got a payoff from Centex it was around $120,000 but according to Centex it’s appraised at $124,000. What can I do? What should I do? Can you all help me? Does anyone have any ideas?

We sold the house for $114,500 and our original loan was for $113,000. We are in a rush to move out so we really didn't care if we made any money on selling our house. I'm going to take your advice and contact the bank to see if they will cut the fees in half. Should I tell them that I'm selling or telll them that I will be able to catch up on the past due amount by the end of the month? The market value of the house is about $115-$116,000 Do you have any other ideas?

Can anyone help me or give me ideas?? My house was sent to the court house to go forward with the foreclosure process. We already had our house for sale and were able to close before they auctioned off the house. My problem is that my mortage company added about $13,000.00 to my payoff. My morgage to start with was around $113,000.00 and when the pay off was requested from the title company this is the amount that was sent over $126,000.00. In order for us to close on the house we need to come up with $17,500.00 and it will be out of our name for good. I just got the paperwork late Friday afternoon and we are suppose to close on Monday morning. I don't have that much money to cover the closing cost. What should I do? My credit isn't the greatest to get a signature/personal loan. Could I call my morgage company and try to get the payoff lower? Is that possible? Has anyone been in this situation before? What can I do? What should I do? I want the house out of my name because I assume its better than having a foreclosure on my credit. I can't go back on the deal because I'm moving to another state. Please help!!

Thank you for all of your replies. I called my morgage company and the person that has my account was not in today. So I have to wait until tomorrow to talk to him. No I don't have any equity on my house I refianced my house and took out a home equity loan. I know I shouldn't have but I learned my lesson from that. We are going to make hardly any money with selling this house. I really don't care at this point I just don't want to have a foreclosure on my credit report. Do you think there will be any problems with selling the house? We have 2 weeks until we sign all the papers at closing but I'm wondering if this will come up when the title company does a title search? I wonder if the title company already did the search?? The new buyers already had an apprasier and inspector come by 2 weeks ago so I guess everything is still going okay.

Thanks 800scores I will call my morgage company in the morning. Should I make a payment before January 1, 2005 or just let it be and once my house sells the new buyers will payoff my entire loan?

Thanks I feel better. All I have gotten was the papers from the court house. I'm just wondering if I should tell my morgage company that I am in the process of selling the house and that they will get there money soon.

Please help!! I am behind on my house payments but my house is under contract and we are expected to close on January 13, 2005. Today I recieved copies from the court house this is what the papers said: re: order for foreclosure concerning. In short it says that I am in default under security instrument creating a lien on your homestead and its now pending in this court. It also says that applicant seeks a court order to allow it to sell at public aution and that I can employ an attorney. If I do not respond on or before January 31, 2005 an order authorizing a foreclosure sale may be signed. My question is can I still sell my house? Will there be a problem selling my house now? I have 17 days until we sign the papers to close on my house. Help!! Should I tell my morgage company I am in the process of selling my house? Please help.

I wanted to apply for an additional student loan. I went to my financial aid office and was award a certain amount from the lender that I chose, but my school only gave me less than half of the amount. I was told I could afford to contribute a large amount of my income for my education and thats why I couldn't get the entire amount. I don't know how they figured that out because it seems that I am always living pay check to pay check. Well I need to get more money because i have to pay my parents back since they lent me money for my 1st semester because financial aid said it was to late to apply for loans for that semester. Do you all have any ideas? I already tried sallie mae signature loan and they said I need a co-signer but I don't have one. HELP!! Please!