An article was published in the Wall Street Journal today on a dilemma facing many homeowners. Should I stay or should I walk away? I get this question a lot from homeowners in Maryland considering a short sale and my answer varies depending on their overall financial picture.
My background as a financial advisor really enables me to consult homeowners not only on real estate but on their overall financial health. Unfortunately, many homeowners compartmentalize their finances instead of looking at the financial picture as a whole. BIG MISTAKE!!
If you are considering whether to short sale your maryland home or stay, or possibly try and modify your existing mortgage you need to look at your financial health as a whole.
Upside down in your mortgage in maryland? Behind on payments contact us today for a free short sale evaluation.