Nov 4 2011
Strategic Default – Should you stop Paying your Mortgage?
Dear Real Estate Owner, I’m Paul Stevenson, and I was in your shoes. My property was worth A LOT less than what I owed on the mortgage, and the real estate market was crashing. I didn’t know how much longer I could keep making the payments. Or whether I even should. I wanted to stop throwing money into a black hole, just because the bank said I had to. And even more than that…I wanted my life back. Sound familiar? I knew I had a major problem on my hands, and I could see it was only going to get worse. I didn’t know what to do or who to turn to. I’d heard about people who decided to stop paying their mortgages, but I didn’t know what was really involved. I spent months searching for information on the Internet, but it was all in bits and pieces, and there was no source to tell me the things I REALLY wanted to know. So I got to work, scouring every resource I could – books, legal documents, internet sites, discussions with experts… It was an arduous process with a lot of uncertainty, but eventually I worked my way through it and found a solution that was right for me. It doesn’t have to be that difficult for you. When I got to the end of the process and disposed of my property with my assets and sanity intact, I felt like a two-ton weight had been lifted from my shoulders. I had my life back! It felt so good, I wanted to help everyone in my situation find a way out. So I created the Strategic Mortgage Default System to lay out what you need to know in plain language and answer all the questions you are asking â…
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