In Foreclosure? Walk Away & Save Money

Posted on Mo 28 Januar 2008 in misc • Tagged with Real Estate, Foreclosure • 1 min read

Ugly posted this interesting LA Times article his link role a few days ago. It seems that people with upside down mortgages (where your mortgage is greater than the value of your house) are voluntarily letting their properties be foreclosed on.

A homeowner who can't sell his …

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