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Thumbnail image for Should you short sale your home? Strategic Defaults 101

Should you short sale your home? Strategic Defaults 101

What are “strategic defaults” and why are more and more people considering this option? A strategic default occurs when a homeowner who can afford to make their monthly payment chooses to stop paying and short sale their home because they feel it is a bad investment. With over 5 million homes now “upside down” it [...]

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