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Group: rec.boats · Group Profile · Search for First Time Home Buyer Question in rec.boats
Author: Short Wave Sportfishing
Date: Apr 3, 2008 08:58
New York Times Facing Default, Some Walk Out on New Homes By JOHN LELAND Published: February 29, 2008 When Raymond Zulueta went into default on his mortgage last year, he did what a lot of people do. He worried. In a declining housing market, he owed more than the house was worth, and his mortgage payments, even on an interest-only loan, had shot up to $2,600, more than he could afford
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