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0 pointsguiriduro3y ago0 comments

True, but the difference is all about what happens when you can't pay the 10% interest or get into significant negative equity. If you can just walk away, then you have "rich person accounting."

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lmm3y ago

Mortgage loans are non-recourse in several states. A lot of people can and should just walk away from their mortgage.

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0 pointsguiriduro3y ago0 comments

True, but the difference is all about what happens when you can't pay the 10% interest or get into significant negative equity. If you can just walk away, then you have "rich person accounting."

0 comments

lmm3y ago

Mortgage loans are non-recourse in several states. A lot of people can and should just walk away from their mortgage.

j / k navigate · click thread line to collapse