I am more than a year to get a loan modification. Here are the facts
Total income was 130k in 05-08
Both the loss-making jobs in the mid-09 lost, the woman works for 50% less now I draw unemployment during the last year 50K
170K value of the house around 300k bought in 2006, because one end of each of our credit when we put in a sub prime loan Wells Fargo acceptance, our rate is 8.99%
“We have no savings and now 30k cc debt!

At first I thought, went to the requested service as 3k but I was deceived. So I contacted Wells Fargo in September, when they regret that we are not qualified .. bla bla bla you tell us to borrow money from their parents or relatives, withdraw cash, to DC, sell cars, rent a room, garage sales, ect. Well, we have ceased to pay, then in December, we had a plan of government, with 3mth probation. It is less than 1k our payment terms for What tremendous relief. The note said that if the payment to 3 December-February, we get a permanent change. Then in February, I called these clowns, they said, simply send the amount in court, until I said a letter last week that I do not get refused because of the cooperation with wth my papers I send these idiots over and over again my documents. I called today and told the women of the Board must review my case, it takes 30-45 days to continue payments, she was puzzled by this review. Meanwhile, we get calls from collection of India, what happened during the six months.

It is absolutely disgusting, my parents began the idea for us to return to Omaha, that my house is under-I think this trial payments are a way for them to get out more $ $.

Of course, you now know that buying a home $ 300K, if you only $ 130K per year has been a misjudgment. So now you have a short sale or foreclosure. They must be kept in any financial position of that house. Go with the parent-level and begin to work to save and spend responsibly. Never buy a house worth more than double your net salary, and after six months of basic expenses in an emergency fund.

Omaha is not bad, this time of year.

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