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Has anyone moved out before the foreclosure process is finished?

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  • BassBoy
    replied
    Many of us have. We did.

    Leave a comment:


  • Has anyone moved out before the foreclosure process is finished?

    I left my house Feb/08, at that time I was late 5 months. Thinking we didn't have much time we moved into our second home (put in about $12000 in upgrades as soon as we moved). In about 8 months we were upside-down about $100000. My husband and I were so upset that we ended up also moving in Nov/08 from our second house. We found a really nice rental home (better area) for $1300 less then our mortgage payment. For the first house it took 16 months to foreclosed and for the second home the property is still vacant. I regret not staying longer rent-free.
    We could have saved about $25000 by staying in our first home rent free for 16 months. I just feel that we've made so many mistakes.



    Has anyone moved out before the foreclosure is finished?

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