Tag Archives: Foreclosed Home Owners Seek Second Chance

Former home owners who once walked away from their homes in a move called “strategic default” are back on the market, eager to buy a home again. Nearly 80 percent of strategic defaulters say they want to buy a home again within the next 12 months, according to a survey by YouWalkAway.com, a web site that helps borrowers in the legal pitfalls of strategic default. The market potential for these comeback home owners could be huge: The number of eligible home buyers who have a foreclosure on their record will […]