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Should I Walk Away From My Mortgage?

Wondering if you should do a “strategic foreclosure”?  Here’s some info about when you might be able to try to get a loan again.

“Financing a home after foreclosure is possible for most homeowners.  Those who default on their mortgages due to economic hardships, such as job loss, may receive approval for another mortgage in as little as two years, while it may take more than seven years for strategic defaulters to be approved.”

Written by Keith Byrd - Go to Keith's Website/Profile