Home Owners Torn on Strategic Default: Right or Wrong?
Buying a HomeForty-five percent of Nevada home owners recently surveyed say “there is nothing wrong” with walking away on your mortgage obligations, according to a new report, “Face of Foreclosure,” released by the Nevada Association of REALTORS®. On the other hand, an equal number of home owners say home owners have a “legal and ethical obligation to pay their mortgage if they can.” The number of home owners who find “strategic default” socially acceptable is growing in the state, which has consistently […]