[Home prices have historically tracked inflation and are likely to revert to the mean. ]
I agree with NY above that inflation is going to accelerate, but with all of the reasons that housing prices have to continue to decline, I'm wondering if house prices may decouple from that measure.
How to Default on Your Mortgage and Stay in Your House [View article]
[better idea is to have a third party buy it from the bank after a few years under a diffrent name. Since they wrote it off, they will sell for pennies!!! ]
How to Default on Your Mortgage and Stay in Your House [View article]
[if your payments are such you cannot make them from your take home pay DO NOT SPEND ONE DIME OF YOUR IRA, 401K , ROTH IRA, SEP OR OTHER RETIREMENT TO MAKE HOUSE OR MORTGAGE PAYMENTS.]
Good advice, whether you're underwater or not.
Unfortunately, most borrowers do exactly the opposite... much to their detriment.
Is the U.S. Banking System Safe? [View article]
I agree with NY above that inflation is going to accelerate, but with all of the reasons that housing prices have to continue to decline, I'm wondering if house prices may decouple from that measure.
How to Default on Your Mortgage and Stay in Your House [View article]
(Much) Easier said than done.
How to Default on Your Mortgage and Stay in Your House [View article]
Good advice, whether you're underwater or not.
Unfortunately, most borrowers do exactly the opposite... much to their detriment.