Foreclosures Help Information

Posts Tagged ‘Property Philippines’

Philippines Foreclosed Property

Question: How do I save my property from being foreclosed?

My property is on the verge of foreclosure after my husband left it unpaid. The bank wanted me to pay the arrears but I can't afford it. I tried selling it but to no avail. Any other means? Is there any bank around that can take it out and give lighter repayment terms? I have read much about it abroad but can't find any here in the Philippines.

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Answer: Will tell you right now if the house is in the USA you can't do anything from the PHilippines. I have been there because of family many times. and know the situation all over the country..

You will need to come home to take care of this or give someone power of attorney ,, and I can tell you right now that nobody will bother with it if you not interested enough to come home and take care of it.. Plus they want you living in your house..

Now if your house is in the PI, The banks there would be happy to take your place for most any reason they can if it is worth more than you owe on it.

PROTEST! 10/19/08, Mortgage Bankers National Conference

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