How long after OR interview till u knew if u had lost ur house?

Worriedandpreg

Hi the title kinda says it all, i'm so worried. Also scared for my baby the stress is not doing either of us any good i'm 20 weeks and been in hospital 3 times in 2 weeks due to scares.

I just need to know if i get to keep my house, its tearing me apart i cant make any plans for my baby

We have our interview on friday.

Thanks

Worriedandpreg

Anyone im pretty desperate?

pelirocco

bumping this up for you

foulplay13

What are the figures regarding your property?

Equity?

Worriedandpreg

We dont know we assume negative or very small?

The mortgage is just under 182 and its a 3 bed semi?

Worriedandpreg

If there is anyone around who actually has been thro this and knows the time scale after the OR interview till they know that would be a huge help?

Worriedandpreg

pelirocco wrote: »

bumping this up for you

Thank you

foulplay13

Worriedandpreg wrote: »

We dont know we assume negative or very small?

The mortgage is just under 182 and its a 3 bed semi in Poole Dorset?

(Don't forget the process of selling a home, also eats into any equity, as well)

Then the OR unlikey to sell it, because it has no benefit to your creditors..

If you are up to date with your payments, I really cant see a problem.


Calm down..



:cool:

Worriedandpreg

foulplay13 wrote: »

Then the OR unlikey to sell it, because it has no benefit to your creditors..

If you are up to date with your payments, I really cant see a problem.


Calm down..



:cool:

But if there is equity that no one can raise? And we dont know for sure its little or no equity. To rent a 1 bedroom flat would cost us more than our mortgage. Have u gone BR? If so how long till ur OR interview till u found out about ur house?

foulplay13

Worriedandpreg wrote: »

But if there is equity that no one can raise? And we dont know for sure its little or no equity. To rent a 1 bedroom flat would cost us more than our mortgage. Have u gone BR? If so how long till ur OR interview till u found out about ur house?

I've yet to go BR...


I could'nt keep up with the repayments, so gave it them back....


You must know what other properties are selling for in your area?

Worriedandpreg

There are two 3 bed semis in our road that are up for sale for 195 they do have an dowstairs bathroom tho that we dont have. What they go up for and what they sell for are different subjects tho. Other than that the last house to sell in our road was last July for 185 thats the same as our plus a dowstairs bathroom again which we dont have.