What Happens When you Walk Away from your Mortgage?

What Happens When you Walk Away from your Mortgage Article

This article has a lot of helpful tips and suggestions such as saving money for your next move.  However, it fails to address the many ramifications between a Short Sale and a Foreclosure. 

A Short Sale is a much preferred alternative to Foreclosure in a large majority of cases, and should be explored with a Realtor who is a Certified Distressed Property Expert (C.D.P.E) or one who is trained in working with distressed property situations and can point out ALL the viable alternatives to the Homeowner.