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strategic default

Short Sales Increase 600 Percent – Are you considering short selling your Phoenix home?

July 1, 2010

I wrote on Monday about Fannie Mae’s recent announcement that it would “lock out” borrowers from obtaining a new loan for seven years if they chose to “strategically” default on a mortgage they could have afforded.

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REALTOR.com® Featured Blog on the Value of Homeownership

January 28, 2010

On Tuesday REALTOR.com® featured a blog post I wrote called “Beyond Motherhood and Apple Pie: The Value of Homeownership.” With all the talk of people choosing to walk away from their homes because they owe more than the homes are worth (“strategic defaults,” which I’ve written a lot about) I got to thinking about the underlying value of homeownership.

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