Free Report on Alternatives to Strategic Default

Strategic default may not be strategic

Shannon Featured Articles , Foreclosures , Short Sales

Recently, I’ve heard the term “strategic default” being used more frequently from homeowners in Long Beach, Lakewood and surrounding communities. It shouldn’t be a surprise. With more than 25 percent of homeowners now owing more than what their homes are worth and millions more having a hard time paying the mortgage, it’s becoming more common for homeowners to consider just letting their home go to foreclosure. If you are having trouble paying the mortgage on your Long Beach home and you’re wondering what you should do, it’s important to get all the facts. You may wish to seek legal advice …