Foreclosure 500
How does foreclosure in Ohio work?
To keep a long story short, The poor economy has hurt our long term plans and now we are looking into foreclosure of our home in Ohio. Our credit is already pretty bad, probably around 500 right now.
Anyway, I’ve read that foreclosure in Ohio has laws in place that favor banks. I’m basically wondering what the repercussions would be if we decided to foreclose on our home. Would we be excused from the loan and just have a worse credit rating? Would we be able to get a new place in a year in a different state? Would we still owe a portion?
Thanks in advance!
Sorry to hear about your situation but you are best off seeking legal advice from someone in Ohio themselves.
There is alot of online information based around foreclosure but none that i know of that actually gives information based on each state. However you can check this company out below who seem to know alot about foreclosure and recommend a US based company who help solve foreclosure, it was my sister who showed me this a while back when i though i was going to loose my home.
Best of luck to you and hope everything goes well.
WEST BADEN SPRING Foreclosures, HUD Owned Home for Sale – 3776 N COUNTY ROAD 500 WEST, 47469
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Reviewer’s Choice.(Book review): An article from: Internet Bookwatch $9.95 This digital document is an article from Internet Bookwatch, published by Midwest Book Review on June 1, 2010. The length of the article is 1153 words. The page length shown above is based on a typical 300-word page. The article is delivered in HTML format and is available immediately after purchase. You can view it with any web browser.Citation DetailsTitle: Reviewer’s Choice.(Book review)Author:… |
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California Countdown– Why Foreclosures Will Go Up 1,500 % Foreclosure Strategies… |
