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02/15/10
‘Walking away’ comes with drawbacks
Filed under: General, Mortgages
Posted by: Lillian Wong @ 1:35 pm

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…


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