Redeem Taxes to Save Home
| Listing Information | |||
|---|---|---|---|
| Amount: | $3,650.00 | Status: | Expired |
| Grade: | D | DTI: | 31% |
| Lender Rate: | 35% | Borrower: | dcoretech |
| Finished | State: | IL | |
| Funded: | 0% | Group: | BORROWERS - Free instant Listings - LARGEST GROUP |
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Purpose of loan: Loan will use be to: To redeem taxes to save our home. I found out that my previous mortgage company (New Century - which is now out of business) did not pay my taxes from my escrow payments. It was not discovered when my mortgage was transferred, only when I initiated the process of selling it. My financial situation: I need a little assistance to save my house. In my initial prosper request I used the funds to help save my home which was done but I was charged an extra $10,600 in attorney fees by my lender. I have 2 payments left to discharge the foreclosure. Somehow my reports are not indicating any activity. I'm talking to my lender on this matter. Late 2006, I moved my parents in my other property because their property was destroyed to a fire. Due to failing health, I moved my parents in with me. So I wanted to sell the house and use the funds to pay off debt and to buy 2 hospital beds, (for my daughter and dad). After finding an approved buyer, that's when I found out that my prior lender did not pay my 2005 taxes on both my properties. I spoke with an attorney on how I can recover the money I paid which were escrowed to pay the taxes but he indicated that it my not be a quick fix. The county indicated that I have until March 2008 to redeem my taxes or lose the property. Apparently, they had a different address on file and the notices did not come to me. I have been trying many sources but all been unsuccessful. The total taxes and interest charges comes to : $3650.00. In December 2007, my wife was laid off so this makes my income our only source at this time. Hoping this will be a temporary situation. I have also been working out an agreement with the buyer to hold on if I can recover from this situation. I am looking to pay off the Prosper Loans with the closing on the other property. I am hard working family man who cares greatly about family. Due to unfortunate financial and medical situation, I am requesting loan assistance for the amount of $3650. I am very appreciative for any and all assistance. Thank you and god bless everyone. Update: From my listing last week for $7613.36. I was blessed with a donation from a few generous individuals for part of the amount. The remaining amount left is $3650.00. A special thanks to those wonderful people. Monthly net income: $ 6500 Monthly expenses: $ Housing: $ 2100 Insurance: $180 Car expenses: $ 565 Utilities: $ 301 Phone, cable, internet: $ 50 Food, entertainment: $ 150 Clothing, household expenses $ 60 Credit cards and other loans: $ 426 Prosper Loan: $ 172 |
| Borrower's Other Listings | |||||
|---|---|---|---|---|---|
| 83918 | Emergency Funding | E | $10,500 @ 25% | Jan 11, 2007 | Expired |
| 88412 | Repairs & Bill Consolidation | E | $6,100 @ 22% | Jan 24, 2007 | Expired |
| 93558 | Repairs & Bill Consolidation | E | $5,100 @ 26% | Feb 05, 2007 | Expired |
| 132470 | Saving myhome | D | $4,100 @ 29% | May 03, 2007 | Loan created |
| 268754 | Redeem Taxes to Save Home | D | $7,613 @ 35% | Jan 21, 2008 | Expired |
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