The U.S. foreclosure crisis, Beverly Hills-style | Reuters

by Jenner on February 17, 2012

Debating whether the battle to keep your home is worth it when a short sale is a real option?  Take a look at the rich and famous!  “Many are walking away not because they can’t pay, but because they judge it would be foolish to keep doing so.”

“It’s a business decision, not an emotional one which it is for normal people”  They are taking advantage of the bad situation by getting out from under an overpriced property and be in a position to buy again while property values at low.

The U.S. foreclosure crisis, Beverly Hills-style | Reuters.

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