I personally know about 5 younger families in their 30s who have recently decided to pick up roots and move out of California.
Unfortunately, the options for Hornbeeks do not look good. They are stuck. Good reason to rent when relocating to a new locale.
I wonder if the finacial adviser used the following tactic with Countrywide when negotiating the rate freeze.
“listen, I’m doing this free financial makeover for an article to be published in the San Diego UT, you probably should consider giving the Hornbeeks a break. If you don’t, countrywide will come across as heartless in the article”
How many people will have that type of leverage when negotiating a rate freeze?
