Question:
Not only lender lied, contractor hired for remodel has left the state with $250,000.00 and left house unsellable, no roof on 2 buildings, the list goes on. I am recently divorced after 30 years, and I have 6 kids. My health is very poor do to a propane leak left unfixed during remodel, and im unable to work. I have had perfect health prior. I am going to loose everything i have worked for for 30 years. my exhusband is a 100% disabled veteran, and unable to help much. I had perfect credit up until April of 2006. I need some kind person to help me and my kids financially until I can sell home to repay them. Im not asking for anything free, just help!!! 2 kids are not in college because of this and one has quit school to help me keep the lites on and food. I am in bad shape, PLEASE SOMEONE HELP!!
Answer:
I'm sure someone who knows more about this will give you some concrete advice, but in the meantime, go to the library and borrow some Suze Orman books. They're really accessible and she gives advice to a lot of people in desperate financial situations. I'd also consider seeing a lawyer about the lender and contractor. Good luck to you. Things will work out in the end. Also, there's always financial aid for college.
Get an attorney. There is going to be numerous lawsuits when the housing bubble and foreclosure hit the fan.
How long have you been in this foreclosure process? If you've been in it for quite awhile, I think you have no other recourse but to seek legal counsel at this point. The only lender that may be available to help would be hard money lenders - who, as you may know, have very high interest rates and closing costs.
You may also want to check out
http://abc.go.com/primetime/xtremehome/c...
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