Would You Walk Away From Your New Home?
Would You Walk Away From Your New Home? Written by artboy on February 29, 2008 – 5:29 pm - In a declining housing market, what if you owed more than your house was worth and your mortgage payments shoot up to more than you could afford? This is a common topic that is reported on almost daily. John Leland of the NY Times writes, “You Walk Away is a small sign of broad changes in the way many Americans look at housing. In an era in which new types of loans allowed many home buyers to move i
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