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Tom Lyons
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Strategic default |
 Strategic default and foreclosures crisis for 2010. Walking away from a house and the mortgage payment now has an official name - Strategic Default.
Here is a good article on this.
As of 3/2010 strategic defaults are on the rise in the Bay area. Here is the latest information.
As of 4/5/2010 there are new federal guidelines on short sales that will help homeowners tremendously. Please click here for the details.
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