Strategic Mortgage Defaults: Phoenix Real Estate Agent Spurs National Debate (PRWeb via Yahoo! News)
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February 10, 2010
Strategic mortgage defaults are a rising trend, especially in real estate markets like Phoenix Arizona, where more than 50% of all homeowners owe more than their homes are worth. Phoenix real estate agent Bob Stahl has been talking about strategic mortgage defaults since early 2008. He offers his perspective on the broad-scale economic consequences of defaults as well as the consequences for …
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