I like said before, Dave Pierce that 30 veteran of real estate is going through voluntary foreclosure.
Would you believe that a 30 years veteran realtor has no equity from his previous houses?
I think that the accumulated equity has been safely transfered to his children and he’s just protecting his assets by this jingle-mail action.
If veteran industry insiders are doing voluntary foreclosures to propect their assets, you’d be stupid to keep on paying HOPING for a future payback. Protect what you have NOW before it goes poof!!
