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Foreclosure in Inwood : Real Estate Advice

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Fri Jan 11, 2013
James Furlong answered:
It's the same thing. "Strategic Default" became a trendy name in the last few years of the real estate recession. In some cases the home-owner chose to walk away even though they had the financial ability to continue to continue to pay their mortgage. In other cases the homeowner could not afford the mortgage payments. Strategic default has been common in commercial properties for years. ... more
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