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will walking away from mortgage leave you in financial ruin?
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cantdrv55
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Join Date: Aug 2003
Location: SF Bay Area
Posts: 8,019
I had a relative walk away from their home. Their credit crashed big time and it took them many years to qualify for a new home loan. Then they had to deal with the added fees and crappy interest rate. I'd say it was painful to endure.
03-07-2009, 09:40 AM
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