suziq38
Well-Known Member
I love to save
Joined: Dec 22, 2010 21:11:27 GMT -5
Posts: 1,160
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Post by suziq38 on Jan 14, 2011 11:18:45 GMT -5
How about they sell the house to you at a sightly less that market value? This way they can still live there.
Another idea is to have them stay put and you make up the difference from what they have to pay on the mortgage and what they owe.
For example, if the mortgage is $800.00 a month and they only have $600.00 a month to pay towards the mortgage, then you would come up with the difference.
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lurkyloo
Junior Associate
“Time means nothing now,” said Toad. “It is just the thing that happens between snacks.”
Joined: Jan 8, 2011 11:26:56 GMT -5
Posts: 5,638
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Post by lurkyloo on Jan 14, 2011 21:48:04 GMT -5
Urban: They're in the Midwest, and we're in California. We help when we're out there, but obviously we're not on hand all the time.
Suzi: 160K would drop our EF below YM-approved levels!
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