Site Meter Refinancing, Loans and Getting New Credit: Here’s why it’s a bad idea to walk from the mortgage..

Monday, March 16, 2009

Here’s why it’s a bad idea to walk from the mortgage..

With home prices continuing to drift lower nationwide, something like one in five homeowners now owes more on their mortgage than their house is worth.

It’s tempting to consider just walking away and starting over. Here are a few reasons why that’s a bad idea. I owe about 50K more on my mortgage than my house is worth....

Read more dont walk away from your mortgage…

Source: www.msnbc.com

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