September 22, 2010
Yes, because home ownership brings substanital benefits for families, communites and the country. There are tangible benefits of being a home owner, such as the financial benefit of the home building equity, plus develping our own economic foundation for our families future. Research shows that home owners are generally committed to their neighborhoods, so in turn, they [...]
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August 31, 2010
If a homeowner purposely defaults on their mortgage because the home is worth less than what is owed, it is known as Strategic Default or in layman’s terms, walking away from your mortgage (even if they can afford it). Associated Risks: 1, Your Lender can file a lawsuit against you, demanding the unpaid balance be [...]
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