Friday, February 29, 2008

Youwalkaway and Condoflip

I hadn't been intending to blog this because I didn't feel any need to give these guys more publicity,* but since it's in the NY Times (link), I guess I can call attention to

youwalkaway.com


Those are the guys who explain, inter alia, anti-deficiency rules, which may let you walk away from your overmortgaged real estate, without liability for any deficiency claim. A friend of a friend comments:

I guess this is the successor to my old favorite, condoflip.com, which went dark last summer but which has been bought and revived as a plain-vanilla condo sales shop
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*Publicity? Underbelly? Ha, you jest!

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