MN Strategic Mortgage Defaults
8 March, 2010
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Millions of Americans are now deeply underwater on their mortgage. If you’re among them, you need to stop living in a dream world and give serious thought to walking away from the debt.
No, you shouldn’t feel bad about it, and you shouldn’t feel guilty. The lenders would do the same to you—in a heartbeat. You need to put yourself and your family’s finances first. Read the rest at MaryAlice Short’s blog, the Minnesota Short Sale Expert.
Categories :
Misc Real Estate
Strategic default may be a best strategy for navigating the housing crisis.Strategic default walking away from your home and mortgage—is getting more common. The interesting part is who is doing it: according to a recent study, people with good credit. For such consumers, strategic default may be the best of a range of bad options.
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