Walking away isn’t the only path. Whether a traditional sale, a short sale, or another route fits your situation, I’ll walk you through each option clearly and without judgment, and the legal, tax, and credit details are always worth confirming with the right professional. Reach out through reynoldsrealty.com or call/text 941-737-6562 whenever you’re ready.
— Linda Reynolds, Reynolds Realty Gulf Coast
Escape Your Unmanageable Mortgage: Getting free doesn’t have to mean running away
Perhaps you have heard about it.
On the news, you may hear stories about homeowners who simply walk away from their homes. It may sound surprising, but many people are being led to believe that walking away from their home is a good (or even the best!) option.
It is called Strategic Default. For distressed homeowners who believe that they have no good choices left, the idea of walking away free of consequence may sound like a relief. The reality, however, is that choosing strategic default has serious repercussions on your credit.
There are better options available.
As a real estate professional who has earned the Certified Distressed Property Expert (CDPE) designation, my mission is to provide financially-challenged homeowners with options to escape from unmanageable mortgages without running away.
Facing your problems head-on is always the best solution. Let me help.
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