Sarasota, FL asked in Consumer Law and Foreclosure for Florida

Q: In 2009 for I bought a house $165,000 with $60,000 as a down payment. 2017 I got a loan modification now I owe $154,000

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2 Lawyer Answers
Adam Ira Skolnik
Adam Ira Skolnik
  • Consumer Law Lawyer
  • Deerfield Beach, FL
  • Licensed in Florida

A: I cannot ascertain what you are asking about? Please provide further information.

Barbara Billiot Stage agrees with this answer

A: I'm not sure what the question is either. If you are saying you had a $105,000 mortgage and now have a $154,000 mortgage it is likely due to missed payments and/or other charges incurred on your account. Interest accumulates rapidly as well as missing escrow payments. Please re-post with a specific question you have.

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