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Strategies & Market Trends : The Residential Real Estate Crash Index
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To: Think4Yourself who wrote (51293)4/3/2006 2:54:11 PM
From: Travis_BickleRead Replies (1) of 306849
 
A neighbor of 20 years did exactly that during the past boom. He got a loan worth way more than the real value, had a nice pension so he just packed up and left the state.

My understanding is if the foreclosure lawyer can't find you the court won't award a deficiency judgment, and even if they do you can always just rent in your new location. I have a friend who does attorney ad litum work for a foreclosure lawyer and he says they don't try very hard to find you cause it just creates extra paperwork.
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