+1 to BG! Only thing missing in the “strategic default” is the cross purchase of another property BEFORE the default hit your credit, but I guess they needed the year of not paying the mortgage to build up the capital….
I think most lenders and realtors are worthless and unfortunately most of us in the general public are too dumb to realize. I sincerely appreciate all of the advice I received from HLS on my previous home purchase. He spent so much time educating me I guess I was spoiled and didn’t realize all lenders may not be that forthcoming.
All that being said, I am still open to that “pocket listing” shortsale if anybody wants to unload one….cheap.
