Amen patientlywaiting. She rolled the dice and came up empty, along with a few million other people.
DJNinSD,, no one else has stood in your shoes. It's one thing to tell someone to do this or that. It's another to stand in their shoes and agonize over it every waking minute. You're a single mom trying to do the right thing for your daughter and doing it w/out any support from the ex and we're supposed to feel sorry for the institutions who knowingly looked away and inflated millions of liar-loans to stuff their personal bank accounts? These irresponsible greedy sob's? You think they are owed something? Talk about double standards. Paranoid gave you the best advice from the get-go and it's something you probably already know in your heart you have to do. Walk. Actually run, don't walk. Before you walk or run take SDrealtor’s advice and talk to the lender, an attorney and a CPA. They’ll most likely tell you to walk unless the lender can work out a lower-rate deal that SAVES you money. They don’t want another empty house on the market. Learn what you need to from this and get going on a sound business plan that will allow you to retire w/out having to work until your 70. All the best to you.
