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Strategies & Market Trends : The Residential Real Estate Crash Index -- Ignore unavailable to you. Want to Upgrade?


To: Pogeu Mahone who wrote (119290)4/29/2008 1:05:36 PM
From: Jim McMannisRespond to of 306849
 
They're just walking away from homes.....

orlandosentinel.com

Mired in confusion over mortgage and title situations, some homeowners are taking drastic steps to simplify their lives -- including walking away from their homes.

As housing values fall and credit woes rise, more Central Florida consumers are turning to a process that lenders, credit counselors and foreclosure experts advise against. But even they understand why it can be appealing to homeowners.

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