Lots of local real estate related news over the weekend worth mentioning. Here’s a brief roundup of the stories you might be interested in. Let’s kick things off with some good news via Aubrey Cohen at the P-I. Looks like the state’s irresponsible plan to pre-distribute $8,000 tax credit is dead in the water, thanks…
Tag: walk away
The Neighbors Paid WHAT?
In our discussion this weekend about why people would walk away from a mortgage, even though they can afford to continue paying, Tim Kane (S-Crow) pointed out: It doesn’t take much emotional pull to consider walking away when you see property being purchased across the street for $150,000+ less than what you may have purchased…
Poll: Do you personally know someone who has walked away from a mortgage they could afford to pay?
Please vote in this poll using the sidebar. This poll will be active and displayed on the sidebar through 07.04.2009.
Poll: Is it ethical for a home debtor to “walk away” from a mortgage?
Please vote in this poll using the sidebar. Inspired by the ongoing discussion in the forum thread “My aunt walks away.” This poll will be active and displayed on the sidebar through 08.30.2008.