They are losing their home to foreclosure!!!!

After that point if you back out you'll lose your deposit and you could be sued.

You're only 26, do you have a lot to lose, if not go for it.

if you don't have the funds to complete the transaction, you could find yourself losing your earnest deposit.that's just a good FYI.

Of course you have to file a claim and if you file a large enough claim you're probably going to lose your current insurance provider.

If you sell them for their market value, how much will you lose vs letting them eat into your pocket month after month for the next few years?

"Investors" in my area acted too fast last year and now some are having their butts handed to them, losing thousands a year because they can't get rent to cover their costs, and their places aren't selling.

Our probate lawyer won't say how long it might take to get the home in my name but we are afraid we might lose the house before then.We weren't prepared to deal with this situation and aren't really sure of our options.

I would love to get going as soon as possible but i just do not know how, so i am going to be reading books to try and learn the ropes.i greatly understand that learning first hand is like no other teaching i could have so i definately want to do this before college. i actually wanted tobuy an acre of commercial land now and put 10-20 self storage units on it, and run that while i was in college, just for the experience as long as i didnt lose money, atleast not a great amount. my dad however wont help me do this, and i dont know how to do it on my own.i am applying for my first credit card next weekend, so i can start building credit.

I would never do a closing on an unfinished property there can be to many problems and you lose the power to get them taken care of as you are experiencing.