I'm a victim of this recession, and I'm behind with my mortgage payments for 6 months? | Property Flip

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I'm a victim of this recession, and I'm behind with my mortgage payments for 6 months?

Posted by on May 24 | Real Estate Investing Chatter

I’ve been trying to put the money together to pay the bank what’s owed but all of the sudden i get this Notice Of Trustee’s Sale. The property is going to be auction the 5th of June. I need 1 month to collect the money. the bank refuse to post pone the date. what can I do? Anybody has any suggestions? please help, I have family and I don’t know what to do., more 
I'm a victim of this recession, and I'm behind with my mortgage payments for 6 months?
and Is this the right time to sell my house?  I live in the North-east of England, i was just wondering will it be wise to sell my house in this current climate of recession?
Will I get the asking price? the house is in good a condition.
I bought the house 3 yrs ago for 108.000 pounds, i would like to sell it for 110.000…
PLZ HELP!! ThANX…, more 

and second part to my question: why then would she say that if anyone ask if she still lives here to say yes?  , more 

What do you have to pay for in a foreclosed house?  I’ve been thinking about buying a foreclosed house for awhile now. I found one on a real estate website for $1000. Right now, I can pay for the entire house no problem. But what else do I have to pay for, what monthly bills do I have to pay and around how much? I live in new jersey, and I think i want to rent out any extra bedrooms. Also, when they say price is $1000 do they really mean, the entire house is $1000 and then i just have to pay for the utilities and etc ?
really any information would help!, more 

and can i get a mortgage on a foreclosure that needs repairs?  I found a house in my town that was sold at 297000.00 two years ago and now is on market as a foreclosure at 139000.00 I spoke to a mortgage company and they told me I need to get licensed contractors to do the work and they suggested ones that they worked with. they also said it would be hard to get the mortgage. I believe they just don’t want to work with us because they will not make lots of money off us. I am perfectly capable of doing these repairs myself because I am a carpenter but not licensed. also in no way will the house be altered from its original design. Are there mortgage company’s or programs out there that will work with us? I have a good job, great credit and a large down payment., more 

Tags: bank owned, investing advice, property listings, houses

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