scam: Strategic Defaults and Short Sales - 08/10/10 12:45 PM

Strategic Defaults Running Rampant
I first started hearing and reading about strategic defaults in late 2009. My team would frequently talk to sellers (both non-listed and those referred to us by REALTORS®) who fit this description, and I never knew what to call it until this label was created. I’m very disturbed by the trend my team has seen lately with so many sellers who are strategically defaulting. This article describes what a strategic default is and most importantly our policy (which you may want to adopt in one form or another) for dealing with sellers who are involved with … (0 comments)