this post was submitted on 24 May 2024
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InsanePeopleFacebook

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Sounds legit, sovcit. (lemmy.world)
submitted 5 months ago by [email protected] to c/[email protected]
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[โ€“] [email protected] 31 points 5 months ago (1 children)

It is legit. Here are the steps:

  • Stop paying mortgage
  • Bank forecloses and takes possession of the house
  • Get evicted
  • Mortgage gone
[โ€“] [email protected] 3 points 5 months ago

Even then, it depends on the state and whether you have positive equity.