Here in Sonoma County, California, 50% of all sales are distressed but look what awaits the affluent and upscale Marin County to the south! Some feel the many Pre-foreclosures or those with a big green “P” are the result of strategic walkaways. These are folks who have stellar credit, hardworking but cannot get their lenders to help them out with their “Under-water” nature of the loans secured on their homes. Have they had enough? Is this strategically mass walk-aways? This we will discuss in some lenght tomorrow!
Note all the "P"'s which are Pre-foreclosure--Notice of Default filed--Strategic Walkaways?
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