Tuesday, January 29, 2008

You Walk Away!

There's a new business in town and it specializes in Foreclosures!


This company aims to profit from the millions of Americans that will be faced with the choice of continuing to pay a mortgage that is higher than the market value of their house or "Walking Away". Encouraging this type of logical, business-like behaviour will only make things worse in the housing market but it should be expected in the coming months/years. U.S. Housing inventories are about to go way up!