Archive for the ‘Owners’ Tag

Strategic Default Is Growing Do Home Owners Deserve A Bailou

  posted Mar 22, 2010 by admin

Strategic Default is when a homeowner who can pay their mortgage defaults because the home has lost so much value and the loan payments are so high.The practice of strategic default has become more common as homes continue to lose value because many home ownersStrategic Default is when a homeowner who can pay their mortgage defaults because the home has lost so much value and the loan payments are so high.The practice of strategic default has become more common as homes continue to lose value because many home owners

.

Related Stories

    Home Owners Intentionally Walk Out On Mortgage

      posted Nov 16, 2009 by admin

    In an earlier article we wrote about What Could Happen If You Dont Pay Your Mortgage but it seems as if home owners are walking away from their mortgages on purpose. These incidents called strategic defaults are happening all over the country.In an earlier article we wrote about What Could Happen If You Dont Pay Your Mortgage but it seems as if home owners are walking away from their mortgages on purpose. These incidents called strategic defaults are happening all over the country.

    Related Stories