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Old 03-08-2009, 09:59 AM
 
87 posts, read 347,917 times
Reputation: 35

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Tjukken: your situation is different. It only worked because a) you were able to find a decent job within 5 months of losing your old job and b) your home hd already increased in value since your original loan.
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Old 03-08-2009, 10:23 AM
 
Location: Askim, Norway
231 posts, read 632,545 times
Reputation: 96
yeas i relize that.

but i understand that op is evaluating to buy a home.
the thin i ment to be showing is that if he shud come in bad situation he shud previsly done as he seems to hacve done. to have saved money so he can live for months without pay. and he shud talk to the bank imidatly not wait like i did.

coz as u say. i got lucky to find a new job. and my house value increased that year.
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Old 04-06-2009, 08:07 PM
 
Location: Orange County, CA
35 posts, read 167,042 times
Reputation: 34
If you are buying a home in California, make sure your agent is familiar with the Housing Affordability Fund Mortgage Protection Program

How to Get Mortgage Protection If You Are a First Time Home Buyer | eHow.com
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