Even the wealthy now are walking away from mansions in Las Vegas A growing number of high-end homes are selling at a loss or facing repossession by lenders in Las Vegas, which already has the highest rate of foreclosure filings among large U.S. cities. The wave of defaults that began with subprime borrowers and the [...]
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Dangers of walking away from your mortgage
Dangers of walking away from your mortgage Underwater homeowners who skip out on their mortgages face a slew of consequences. Read more on Bankrate.com via Yahoo! Finance