I can no longer pay my mortgage. What will the bank do once home goes in to

Tips and Deals Forums Home Mortgage I can no longer pay my mortgage. What will the bank do once home goes in to

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    • #205199
      Anonymous
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      foreclosure.? My Ex is the primary owner of the house. I am the joint owner and he moved out and left me with the house. I am broke and have no money for the up keep of the house. I have no choice but to let it go. What will happen once I stop making mortgage payments?

    • #269337

      The bank will proceed to foreclose the property and regain ownership from your ex-spouse. Once title changes hands, you will be a tenant under law, and they will most probably evict you so they can sell the property.

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