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Tina, Lawyer
Category: Real Estate Law
Satisfied Customers: 5436
Experience:  17 years of legal experience including real estate law.
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If my home may be going into foreclosure (but isn't

Customer Question

If my home may be going into foreclosure (but isn't there yet) can I rent it out and save it?
Submitted: 4 months ago.
Category: Real Estate Law
Expert:  Alex Esquire replied 4 months ago.

Hello. My name is***** am a US licensed attorney and I will be happy to answer your question.
I am sorry to hear about this unfortunate situation.
Please note, I cannot comment on your specific situation, as this services is only limited to general information and for any legal advice / legal service you should contact your local attorney.

Are you asking whether you can rent out your house and use rental payments to catch up and make current payments on your mortgage, which in turn will save your house from foreclosure?

Please clarify?

Customer: replied 4 months ago.

Yes, that is precisely what I am asking.

Expert:  Alex Esquire replied 4 months ago.

Thank you for your follow up.

Do you have a regular conventional mortgage on your property or is your mortgage FHA or VA mortgage?

Thank you.

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