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Don’t Walk Away
George and Mae Hicks Until recently, owning a home was the wealth-building move. These days, many homeowners are contending with more mortgage than the home is worth, joblessness, and other financial...
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Foreclosing as a Financial Strategy
Foreclosing on purpose seems to be a trend mortgage lenders don't like More than ever, there are mixed messages out there for homeowners thinking about walking away from their mortgage obligations. The...
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What Will a Strategic Default Do to Your Credit Score?
If the effects of the recession have left you with a home or condo that is worth less than the amount of your current mortgage balance, you may have considered a strategic default. A strategic default...
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