Sinking values prompting homeowners to consider strategic default

By Mike in with 0 Comments

Slight drop in strategic defaults unlikely to last as more people do the math, see they can’t recover and make a business decision to walk away from their mortgage, even if it ruins their credit.

Sinking values prompting homeowners to consider strategic default

By Mike in with 0 Comments

Slight drop in strategic defaults unlikely to last as more people do the math, see they can’t recover and make a business decision to walk away from their mortgage, even if it ruins their credit.

Beds 1+ 2+ 3+ 4+ 5+ 6+ 7+ 8+ 9+ 10+

Baths Bath 1+ 2+ 3+ 4+ 5+ 6+ 8+ 9+ 10+

Min. Price Min. Price $50,000$75,000$100,000$125,000$150,000$175,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000$5,500,000$6,000,000$6,500,000$7,000,000$7,500,000$8,000,000$8,500,000$9,000,000$9,500,000$10,000,000 No Min

Max. Price Max. Price $50,000$75,000$100,000$125,000$150,000$175,000$200,000$250,000$300,000$350,000$400,000$450,000$500,000$600,000$700,000$800,000$900,000$1,000,000$1,500,000$2,000,000$2,500,000$3,000,000$3,500,000$4,000,000$4,500,000$5,000,000$5,500,000$6,000,000$6,500,000$7,000,000$7,500,000$8,000,000$8,500,000$9,000,000$9,500,000$10,000,000 No Max