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Homeowners who strategically default on their mortgages June 12, 2010

Posted by n2ition0709 in Uncategorized.
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Defaults, Foreclosures – what’s the difference these days. It’s still going to show-up on your credit report, negatively. It’s to be expected, many of us have gone through it in one point or another.  But these are the biggest blunders since the economic dump.

Sometimes, you get so far thrown into the chaos of reality, that buying property would give you so much benefit. In fact it did and kinda still does, but that’s not the point.

Since the economic failures we’ve all experienced, sometimes it’s the best route to take. To walk away from the madness and reevaluate. Many banks are able to help and sometimes not much. Those caught in the middle, hang on tight.

If you’re not sure, here’s something to consider. 

Read the link below, this is the latest on FHA Loans

ttp://realestate.msn.com/blogs/listedblogpost.aspx?post=1768901

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