Quote:
Originally Posted by jIM_Ohio
If house is foreclosed, what makes you think a bank will lend you money again?
If you can afford the payments, I would not sell. Selling takes the paper loss and makes it real. If you keep paying the house off, you may never actually lose any money.
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I am not going to buy it on my name. my wife is not on my current home's title. so her credit history will be clean. but some cc debt.