What happens if we discharge the mortgages and use option#3 pay and stay - then a year later we sell the house... who gets the $$ from the sale of the home? Will that $$ go to the mortgage company toward the loan we no longer are liable for or do we pocket that money?
What effect does a ride through have on mortgage interest on 2010 taxes?
What are our options for purchasing a home in the future if we ride through, then end up foreclosing?
What effect does a ride through have on mortgage interest on 2010 taxes?
What are our options for purchasing a home in the future if we ride through, then end up foreclosing?
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