Home › Forums › Closed Forums › Buying and Selling RE › The new law – And should we walk now. › I like SDR’s idea. It wreck
I like SDR’s idea. It wreck your credit but you likely need to play hardball. The suggestion to read on harp is also good.
One point of clarification, Are the loans purchase money loans or refi?
If purchase money, if you can qualify another option is to buy the new place an then walk. Verify your tax consequences.
That’s provided you can sell and cover the loss.
But I wouldn’t wreck myself paying a DOA loan
