foreclosure walkaway lien: Outrage: In some States “Walk aways” can Hurt Homeowners!
- 10/26/09 08:02 AM
There have been numerous articles and blogs about what happens to a homeowner's credit score & possible ramifications for future loans. Now news agencies are reporting a new wrinkle that homeowners should be aware of when they walk away from their foreclosed home. A recent article in the October 2009 AARP Bulletin by Michelle Diament discusses a tactic of banks in handling foreclosed homes. Mortgage servicers are getting around paying state & local fees on the backs of foreclosed homeowners. To read the entire article Click Here. The article discusses how a 62 y/o homeowner abandoned her Cleveland home of 25 (3 comments)