tax ramifications of foreclosure: What Happens When a Distressed Home Owner Walks Away? - 03/05/13 01:01 AM
What Happens When a Distressed Home Owner Walks Away? Many distressed home owners are tempted to walk away from the property.  They are emotionally detached from what was once their pride and joy. Some distressed home owners walk away because they are emotionally drained or they can no longer afford the maintenance and utilities. Others walk away to pursue another real estate opportunity.
 
This is NEVER a GOOD OPTION!!!


 
The global reason that distressed home owns should not walk away is that the lender is exponentially more likely to pursue its remedies against an owner that … (2 comments)

 
Paddy Deighan MBA JD PhD, Paddy Deighan J.D. Ph.D (http://www.medicalandspaconsulting.com)

Paddy Deighan MBA JD PhD

Paddy Deighan J.D. Ph.D

Vail, CO

More about me…

http://www.medicalandspaconsulting.com

Address: 770, Potato Patch Dr, Vail, COLORADO, 81657

Office: (877) 557-9669

Mobile: (949) 701-2192

Author Bio: Paddy Deighan earned his Juris Doctorate and PhD Paddy consults with taxpayers in regard to tax liens, tax levies, tax levy, offer in compromise, tax debt, tax settlement

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