Reactions to story from Tim and Julie Harris: Realtor Coaching. Real Estate Coach. Scripts, Marketing and Referral Systems Used By 1000's Of Realtors Worldwide.
Predicted That Millions Of Homeowners Are Considering…Just Walking Away.
http://timandjulieharris.com/ 2008/ 05/ 13/ predicted-that-millions-are-consideringj...
Can Mortgage Borrowers Be Punished for Walking Away? In a recent interview with the San Francisco Chronicle, Freddie Mac consumer outreach manager Robin Stout Migala claimed that there are many reasons why homeowners shouldn’t walk away from homes, including federal income tax liability and the chance that lenders may pursue walkaway borrowers. Although Robin’s statements may be true in certain circumstances, it is equally likely that borrowers may not face the above-mentioned consequences.
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