Real Estate Market

Here, you'll find helpful articles and other resources that cover issues related to the real estate market: buying, selling, financing, refinancing, credit and debt, insurance, second homes, vacation homes, real estate investment, new construction, and renovation.

Featured Real Estate Market Article

Walking Away From A Mortgage Is Becoming More Common With Falling Home Prices

Walking Away From A Mortgage Is Becoming More Common With Falling Home Prices
The real estate market is in such flux, that several years ago home buyers would never consider walking away from their obligations and walking away from a mortgage. However, times have changed and more and more home owners see less of a stigma attached to walking away from a mortgage. As falling home prices have decimated the real estate market in some parts of the country, people view the ability to walk away from a mortgage as another option along with bankruptcy, negotiating for a loan modification and refinancing a loan. Years ago, people viewed bankruptcy as a morally bad thing to do. But with more and more people suffering in this recession, walking away from a mortgage is seen more as somewhat unusual but not necessary as a morally bad thing to do.

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