[PDF] The Strategic Default Plan How To Walk Away From Your Mortgage Ebook
The Strategic Default Plan How To Walk Away From Your
Walking Away from Mortgage Strategic Default ... A strategic default is a process that begins with a decision by a property owner to walk away from his mortgage. The most common reason for a strategic default is that the value of the property has dropped below the amount owed on the mortgage... Strategic Default: Is It OK To Walk Away? Bankrate.com If you find that your only option is to walk away, like Valadez, plan accordingly. Many strategic defaulters open new, high-limit credit card accounts before they default. Strategic Default: Should You Walk Away From Your Home? Moral Implications of Strategic Default. Arguably, there are moral implications associated with walking away from an underwater home as well. Strategic defaulters tend to justify walking away from a severely underwater home as something permitted by the mortgage contract itself, which specifies the consequence of a breach. Namely, the lender ...
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