What if I bought another house and leave my seizures condo in Florida?
Waiting to see if my writing instead approved, but otherwise I was wondering if I could buy a house in New Hampshire, and let go in the building of foreclosure. I know this is a situation horrible, but potentially something to do. My boyfriend is not on the mortgage on our condo in Florida for it to be the first and could be secondary, since my credit will be a success. Among the banks could come after the house could potentially buy in the north? I know that FL is a lack of suspense, but my budget is so tight that they do not know what. I read about these "buy and bail" scenario and I do 'm not sure how often working either. In this moment I feel any of my choices will destroy my credit and I have to use my good credit rating before shits the bed. This is a shit situation and I want to, but I need to do what is best for my family right now.
Not only you can do. The bank will issue a 1099 and come after you. No assets, no problem, you can expect. And if they have the decision upon request you can not get a loan. In addition, insurance companies and even employers check your credit. MORE IRS in the amount of taxes 1099. And if you do not pay, can and will come after all of your active file. These questions have been raised repeatedly and the answer is always the same. YOU CAN "T just walk away. Rent the condo. If you have a neg every month, get a part time job to cover it.
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