One Report After Another… Are Strategic Defaults Here to Stay?

According to CBS it's estimated that at least 1 million homeowners who can afford to pay their mortgage chose to simply walk away last year. CLICK HERE to watch the video According to 60 Minutes, more than 11 million homeowners across the country are underwater, and it's estimated that number could double in the next year. CLICK HERE to watch the video

This means nearly half of all American mortgage holders will owe more on their homes than those homes are currently worth.

According to RealtyTrac 360,000 new foreclosures were filed in March. After doing the math and watching Florida property values shrink in some instances to less than half of what's owed on a mortgage, homeowners are opting to rid their underwater property and start fresh.

There's always hope!

The Carman Law Firm  has completed hundreds upon hundreds of foreclosure defenses, short sales and loan modifications.  If you are considering a strategic default contact a Florida Foreclosure Defense Attorney  today and schedule a "FREE" initial consultation. We will design a plan to assist you in resolving your family's crisis.  We will explain how to use strategic default in order to conduct a short sale, get a deed-in-lieu of foreclosure or mount an effective foreclosure defense and work it through the mediation process.

CLICK HERE and read more about "Strategic Defaults"

CLICK HERE and watch the Fox News report on "Strategic Defaults"

To learn more contact the Carman Law Firm today!