Real estate blog entries tagged with walking away from your mortgage by Jeff Rainwater, Lake Stevens, WA Real Estate (RSVP Real Estate. ~ Bellevue, WA ~ 425-238-4247)

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Home : Blogs : Jeff Rainwater, Lake Stevens, WA Real Estate : Lake Stevens & Snohomish County Real Estate : Tag "walking away from your mortgage"

walking away from your mortgage: Strategic Default - Walking Away From Your Mortgage - 04/05/11 11:44 PM

Strategic Default - Walking Away From Your Mortgage
Record numbers of homeowners are walking away from their mortgage. They are doing what's called "Strategic Default" or better known as "walking away from their mortgage". Being a licensed real estate broker, it's not my place to be offering advice to people telling them to walk away from their mortgages. I'd leave that up to the CPAs and real estate attorneys. However, I can totally see why someone might want to consider this option.
I spoke to a buddy of mine the other day who bought a home in 2006 for $250,000. The house … (3 comments)

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Jeff Rainwater, Lake Stevens, WA Real Estate

Lake Stevens, WA

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RSVP Real Estate. ~ Bellevue, WA ~ 425-238-4247

Address: 2018 156th Ave NE, Bellevue, WA, 98007

Office Phone: (425) 242-5150

Cell Phone: (425) 238-4247

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