RE: A bad real estate deal

From: AINITGR8@aol.com
Subject: RE: A bad real estate deal
Date: Wed, 6 Jan 1999 20:57:39 EST

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Honestly, your best bet is to keep the home and rent it out if worse comes to
worse.  Even if you voluntarily give the property back it is still considered
a foreclosure and a foreclosure is WORSE than bankruptcy on your credit
record.  Reputable lenders will lend to some with bankruptcy within 12 months
of discharge, make that a MINIMUM of 48 months for a foreclosure.
Christina Ethridge

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