Posts Tagged ‘homeowners’

Break chains of mortgage morality, lawyer says

I think that for many people their home is much more than an investment.  I know it is for us.  Allowing a house to go into foreclosure just because one is upside down in the mortgage doesn’t sound like a great strategy to me.  What goes down, will eventually go up.  If the mortgage is [...]

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The Morality of Deliberate Defaults

I was watching a show today on HGTV called Real Estate Intervention and the homeowners who were the subject of the intervention tried calling the bank to see if the bank would work with them because the husband had lost his job. They are upside down in their home and were unable to sell [...]

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