HELP!! My house going into foreclosure?

Sooo in may my wife and i both lost our jobs, and cannot afford our house anymore so we have not been paying our mortgage of 25 and pretty much are giving up to foreclosure… in 2006 we purchased the home for 0,000 and now its not even worth 0,000 we live in the phoenix, az area and have an appointment for mortgage counseling in august, do you think its possible that they could get our mortgage to be less than like 0 dollars, thats our only option of keeping the house. or are they just going to tell us that we are just going to go in foreclosure?… by the way short sale is not an option for us… and we alredy have a pretty low interest rate of 7%….. we have desert schools, does that mean since its a federal credit union that we are not going to have much more time to be evicted?

me and 3 of my friends are tryin to get a 4 bedroom house in Phoenix,AZ area. all of us have jobs and plenty of money to pay the rent, just none of us have very good credit at all and dont think we will get past the application to get in. anyone know someone or somewhere i can go that they rent to people with bad credit?

What are the jobs like??? Real estate??? Quality of life??? Your answers would be greatly appreciated!!!


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I am about to buy a foreclosure in st george utah. I have a hard time finding alot of information on the southern utah market. I have followed it for 5 years but it does not fit into the trends of any other major city nearby. It is a whole seperate market from salt lake city. It is close to a phoenix or las vegas but it has very few jobs and econmy is so different. About 5 years ago houses were available for cash types prices with many under 100k. Then the prices went over 400k, now they are back in the 225-250k range.
I have watched anf there are more foreclosures coming but the majority are upper end 500k+ custom homes. I only want to pay 250k or less preferrably 2225k or less. With few jobs will the market fall alot more. Will land prices ever fall? Most land is BLM so developable land is a preminum. There is 37 year supply of lots but prices remain over 100k for .25 acre plus impact fees are over 20k some places over 30k to build with strict restrictions so building new is out.

Three of my neighbors who were renting and waiting like us re buying this month as well so is it time?

I just am curious if anyone besides a local realtor who is trying to sell has any views of southern utah.


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They have been posting jobs for a virtual assistant in the Phoenix craigslist. Their website was under maintenance, now is non-existent.


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Im a 22 year old male, and me and my gf are planning to move around September from Missouri. We are thinking Phoenix sounds like its everything we want, year round warmth, no snow, not windy (like the midwest). We also want a place with little crime, and is people friendly, so we were looking around Paradise Valley or Fountain Hills for an apartment or condo to rent.

Recently I have been hearing a lot about how good Albuquerque New Mexico is. I have looked into it quite a bit, but I am unsure which city would be a better fit. We don’t really have the money to visit both before the move (we would just visit the one we decide on).

We would both be needing jobs (I am looking into starting Real Estate school, and she is going to be doing beauty school).

Which city would offer overall better fit for us considering the weather, jobs, little crime, schools, scenery, and availabilty to rent such as condo and apartment complexes.


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