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Consequences of Walking Away from Mortgage
Florida borrower writes in about abandoning mortgage
Feb. 2, 2012
By GARY M. SINGER Sun Sentinel - McClatchy-Tribune Information Services
QUESTION: I have been relocated, and my property is underwater. My credit is not important to me, so I am thinking about just walking away from my house as opposed to taking the trouble of doing a short sale. Is there any reason I should not just walk away?
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