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Live in your house for free?

This article discusses a plan by Citi to allow you to live in your home for free for up to 6 months before you just give back your home.  Their are some stipulations but it is quite a good deal and according to this news source they will actually waive the balance owed when you are done.

Plans like this are good for the market as they offer hope that fewer banks will collect or ask for deficiencies in deed in lieu plans or short sales.  One good reason to work with an expert with whatever option you choose is that an expert will guide you through all of the potential problems and road blocks and assist you in making the right choice.

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Andy Morris is an Ohio real estate broker with an expertise in selling homes on a short sale. If your Ohio home is heading towards foreclosure or you owe more than your property is worth, please call Andy at 888-4-STOP-IT to see if you qualify for a short sale with your lender.

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