Sunday, January 30, 2011

You Walk Away ~ Strategic Default ~ CBS Evening News Luxuray Home Foreclosures

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1 Comments:

Anonymous Home Loans said...

The motivation for a strategic default may depend on how far a borrower is underwater. Having a mortgage that’s twice as much as the value of a home could be somewhat discouraging. The prospect of being stuck with a losing investment that may not reach a break-even point for 10 years or more may be enough motivation to take a walk.

October 25, 2011 at 11:59 PM  

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