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Tag Archives: Penzo
Maybe strategic defaults aren’t so bad
This post comes from Len Penzo at partner blog Len Penzo dot Com. I bought my first home in 1990 at the top of the Southern California real estate market and promptly found myself with an “underwater” mortgage. Although … Continue reading
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Tagged california, California Real Estate, California Real Estate Market, Catastrophic Loss, Change Of Heart, Chicago Tribune, Chicago Tribune Story, condos, Financial Hardships, Financial Obligation, Financial Situation, Gentleman, homes, Household Income, Len, Moral Obligation, Mortgage Payments, news, Penzo, Personal Finance Blog, Personal Responsibility, Proprietor, Real Estate, real estate business, Real Estate News, Seven Long Years, Southern California Real Estate, townhomes
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