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need help in oregon !!!

This is a topic titled need help in oregon !!! made in the Home Mortgage section, belongs to our Mortgage Chat category; new to forum have been lurking for a few days and looks like great site for info. heres my story 2 houses with chase 1 i moved out of because ...








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Old June 3rd, 2008, 02:02 PM   #1
Joel Fraser
Senior Member
 
Registered: May 2008
Posts: 907
Default need help in oregon !!!

new to forum have been lurking for a few days and looks like great site for info. heres my story 2 houses with chase 1 i moved out of because i had to relocate for daughters , school planed on selling or renting . so i found good deal on home where i needed it. rented out old home for half of mortgage and renters canot afford and have left me high and dry . i owe chase 285,000 on first and 60,000 on second to homecoming . i'm a contractor and things have realy slowed down , so i don't think i can hold on to this rental any longer @ approx 3000 per month . what i'm wondering is what happens most of the time when there is a second when you do foreclosure or give title back . do you guys think chase or homecomings would try to come after my current house for money owed . i know you can't give legal advise but i'm looking for the best scenario to head towards. thanks bigdawg
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