There are a number of folks from FL, so you should be able to find some contacts close to home.

I think our agents idea is that most folks don't ever execute the deal and in the mean time we have someone in place paying the mortgage who will hopefully take care of the property.

If your financial situation has improved to the point where you can handle the current payments, and some extra, you may well be able to work something out with the bank.

That is enough for now, I look forward to getting to know you folks in the forum.Philip

They believe the extra credit is closer to a price reduction so they will reduce the loan (if they even offer one).If the builder close out was priced right you can still do a lot of things to make this a great deal.

The folks at the court can help you do the filing.

(in essence if you were to put the extra $5500 down would it hurt your pocket book?)

Actually, it was a 6 month notice but they kept me on the books for an extra two months so I could close the last two loans as "employed" on full doc (it pays to leave on good terms).

Lots of folks here willing to share their knowledge and experience.

Lots of folks here doing single families but we don't hear to much about apartments.