List of non-recourse mortgage walkaway states

Discussion in 'Economics' started by Mr Pain, Sep 22, 2008.

  1. Mr Pain

    Mr Pain

    It is crap like this that is killing this country. California is 40% of the real estate problem in this country. These jerks can just walk away from a foreclosure without a deficiency balance.

    I live near Boston and our real estate has held up relatively well. I am sick of having to pay for idiots in California and Florida.

    I am going to buy some bad paper from the government and sue everyone I can. That’s the way to make money. get a judgment and hit them up 10 years later.