A Question For All Vets!!!!!!!!!

Comments(6)

• 
  AdamR6110th July, 2003

  The question that I have for all Vets and anybody that has a diverse answer is............
  
  What are some of the differrent weapons you can use to defend foreclosure?
  
  ***
  If I understand your question, you should be sure to always timely pay all of your house related expenses. Mortgage and taxes first. Keep a cash reserve. If a cash reserve is not available open a line of credit now while your credit is OK. I think the best line of credit is a Home Equity line of Credit. Make your best effort to pay all of your bills timely. Your credit can be very important in this business.

• 
  jrtechy10th July, 2003

  1- From a personal and philosophical point of view, it helps you realize how unpredictable life could be. One day you have everything going for you and suddenly your universe gets shifted.
  
  2- From an economist perspective, it starts a new cycle in the financial circuit.
  
  3- From an investor’s view, it is another opportunity to expand a portfolio.
  
  4- From a banker’s position, a new customer to cultivate.
  
  JR

• 
  jrtechy10th July, 2003

  Is this a school assignment?

• 
  businessman62410th July, 2003

  Sorry if anyone misunderstood the question but I'm asking from an www.R.E.I point of veiw.
  
  I'm speaking for short sale purposes, what are the different ways you can defend foreclosure in that sense. does make a little more sense ?
  
  Oh by the way this is not a school assignment, just trying to help everyone get weapons in there arsenal for foreclosure defense.
  
  sorry for the misunderstanding, hopefully this helps everyone answer the question better.
  
  thanks in advance again.

• 
  cpifer10th July, 2003

  Am I understanding your question? How do you defend against an active foreclosure?
  [addsig]

• 
  businessman62410th July, 2003

  Hello cpifer,
  
  Your close but not quite. what I'm saying is if someone is how do you defend agaist a potential foreclosure.
  
  For example your in a short sale process what options would a investor have.
  
  thanks in advance!!