The increase in number of those who chose to do a strategic defaulter has made collection an expensive and ineffective process. The economic downturn in 2008 was the trigger for real estate bubble, which left millions of homeowners underwater. Most of the properties lost their value and homeowners lost any potential hope of regaining […]
READ THE FULL ARTICLE →Upside Down Mortgage Leads Homeowners to Abandon Properties
When leaving becomes easier than dealing with upside down mortgage Facing foreclosure is already stressful, and if you’re living in the property, it can seem downright claustrophobic. But, those owners that try to go through the short sale process in Arizona are doing their best to exit gracefully. Other owners are simply giving up, giving […]
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