Inactive
Nov. 4, 2014 at 2:44 pm
Post count: 9891
Agreed. Probably just made a business decision to walk away from the property.
In my opinion, that should be illegal. If you have the money to pay your mortgage, you should not be allowed to just walk away from it. If they end up selling that property for less than he owes, he should be liable for the difference.
its called a deficiency judgment
Please wait…
