Download now or preview on posterous -buy-and-bail-ho.pdf (26 KB) A “buy and bail,” is when a buyer buys a new house before their credit rating is ruined by walking away from their old house. It’s an attempt to escape payments on a property that is already “underwater”, and move into a new home with a […]
Posts Tagged: stockton listing agent
Stockton Real Estate Negative Equity Continues to be a Problem
Attached are 2 articles from CoreLogic. The first article ranks Stockton #2 after Las Vegas for negative home equity. The 2nd estimates that the hardest hit areas will not see positive equity until after 2020. I am afraid it is going to be a long and bumpy ride for the Stockton market. If you are […]