Quote:
Originally Posted by Pacman
I have one question about foreclosure, if they want their house to be foreclosure after unable to sell house then would no longer to pay home loan payment or continue to pay home loan payment after house has been foreclosure?
I was means about if home owners want give up their home loan payment after unable to sell the house and want move to somewhere.
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If your house is foreclosed you do not pay the mortgage on your home. You cannot live there anymore. And if your home is foreclosed it makes your credit very bad.