https://nationalcreditfederation.com/warnings-for-buy-and-bail-homeowners/ Credit Repair Company Tue, 21 Sep 2010 12:04:52 +0000 hourly 1 https://wordpress.org/?v=6.4.7 https://nationalcreditfederation.com/warnings-for-buy-and-bail-homeowners/#comment-157 Tue, 21 Sep 2010 12:04:52 +0000 https://newncf.wpenginepowered.com/blog/?p=263#comment-157 This alone is not stopping people from moving forward as many times this can be corrected at a later point and bottom line, some bad credit for a short time is much less costly or damaging to your financial well being than hanging on to a house that is upside down.

]]> https://nationalcreditfederation.com/warnings-for-buy-and-bail-homeowners/#comment-156 Tue, 21 Sep 2010 11:03:45 +0000 https://newncf.wpenginepowered.com/blog/?p=263#comment-156 The value of homes across the country have fallen over a third from 2006 to 2009 with major losses in markets like Las Vegas down 56%, Phoenix down 55%, and Miami down 49%. Depending on the source it’s estimated that 20-25% of single family homes are underwater as of June 2010.

]]> https://nationalcreditfederation.com/warnings-for-buy-and-bail-homeowners/#comment-155 Mon, 16 Aug 2010 23:23:37 +0000 https://newncf.wpenginepowered.com/blog/?p=263#comment-155 Hey herschel, this is some good information on “buy & bail” types of transactions. As far as I’m concerned it’s a strategy that will begin to see a certain amount of decline as natural dis-incentives begin to pop up, as you pointed out to some extent in your “Warnings” section of this blog.

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