foreclosure: Foreclosure: The most fiscally irresponsible and destructive thing you can do.
- 01/11/12 01:45 PM
In a recent interview, foreclosure was defined as the most fiscally irresponsible and destructive thing you can do by a highly respected real estate attorney. Mark Stern (the attorney) walks through many misconceptions about why handing over the keys to your bank and walking away from your commitment to pay is irresponsible and simply doesn't yield the results that most people expect. Why? Here are a few reasons... and be sure to click on the video below for the detailed interview: 1. YOUR CREDIT REPORT SUFFERS: The moment you decide to walk away from your mortgage obligation and stop paying the … (8 comments)
In a recent interview, foreclosure was defined as the most fiscally irresponsible and destructive thing you can do by a highly respected real estate attorney. Mark Stern (the attorney) walks through many misconceptions about why handing over the keys to your bank and walking away from your commitment to pay is irresponsible and simply doesn't yield the results that most people expect. Why? Here are a few reasons... and be sure to click on the video below for the detailed interview:
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