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Bought a house five months ago

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    Bought a house five months ago

    Can i default yet?

    Bought the place to try to work things out with the ex wife and it didn't work, now with support and pending bills i don't know if i can swing it? Is it too early? will they cart me off to jail?



    #2
    Anybody?

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      #3
      You probably can walk away. Did you lie on your application for the mortgage?
      Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

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        #4
        Originally posted by OhioFiler View Post
        You probably can walk away. Did you lie on your application for the mortgage?
        Lie about what? no, not anything i can think of. I bought the place trying to work things out with my ex and thinking even if it didn't work out my kids could stay with me, but they are busy with there new life and i am stuck now with support and a big payment.

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          #5
          Originally posted by Bpiiyas View Post
          Lie about what? no, not anything i can think of. I bought the place trying to work things out with my ex and thinking even if it didn't work out my kids could stay with me, but they are busy with there new life and i am stuck now with support and a big payment.

          Then it shouldn't be a problem at all. If the information you submitted supported the underwriter's criteria and all of it is factual then you have nothing to be worried about. Life changes. There is no certain amount of time that must pass before things change.

          Good luck to you and your children.
          Well, I did. Every one of 'em. Mostly I remember the last one. The wild finish. A guy standing on a station platform in the rain with a comical look in his face because his insides have been kicked out. -Rick

          Comment

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