I’ve been holding on to my house by the tips of my toenails for several years. My partner, who brought $100k in a year, left me about four years ago and since then I’ve been paying a mortgage that is 57%+ of my monthly take-home salary.
I’m current on payments, but B of A just denied a re-fi for the second time in three years. The house needs an enormous amount of work, which I can’t even begin to afford. I’ve run through all of my savings in the last several years.
The central reason I hold onto this house is because I have four big dogs and a big backyard. I’m terrified that I wouldn’t be able to find a rental that would accept the beasts; also, New Jersey is a “recourse state” and BofA could come after me for the $.
How long do foreclosures take?
Do I just suck it up? Go see a real estate attorney? Trying to work with B of A is indescribably horrific, I don’t have it in me to devote much more time trying to convince them to help me. A realtor I chatted with told me to stop paying the mortgage, it’s the only way to get their attention.