Hold it or fold it?
It’s one thing to throw back lousy cards in a poker game and quite another to walk away from a money-losing home that you can still afford.
Yet, more people are doing just that as they find themselves “underwater,” with mortgage debts that exceed the worth of their properties. more…Maricopa County homeowners will begin to receive their latest property valuations in the mail today. Most will see a third straight annual drop in home values.
Residential property values fell an average of 15.2 percent in 2009, according to the latest report from the Maricopa County Assessor’s Office. more…