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Is ‘Strategic Default’ My Best Choice, Should I Walk Away?

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If you owned a house that’s now worth a lot less than what you owe on your mortgage, would you walk away from the home and default on the mortgage? If your answer is, “yes”, you are probably in a whole lot of company.  Today we are seeing more and more homeowners ‘walking away’ and choosing a ‘strategic default’ with their mortgage obligations. Options When Falling Behind On Your Mortgage Millions of homeowners are facing these tough questions and agonizing on what their next step or move should be. There are many companies that have organized to empower homeowners through the foreclosure process by providing foreclosure assistance in the form of tools, resources, support and peace of mind. Often times taking advantage of the emotions of the homeowners. Seeking legal advise or a real estate professional that specializes in short sales, pre-foreclosures should be your first priority.  Read Entire Article Click here for more information on your options before foreclosure.

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