Re:Making sense of what’s going on in the housing market
by harambae on Wednesday April 21, 2021 @08:07PM
(#26897004)
>You will see a lot of people do strategic defaults
Worth noting that not everyplace is California (although half of HN may live in CA, I donno).
There are 12 non-recourse states in the US: Alaska, Arizona, California, Connecticut, Hawaii Idaho, Minnesota, North Carolina, North Dakota, Texas, Utah, and Washington.
Outside of those states, you couldn't necessarily just walk away.
Worth noting that not everyplace is California (although half of HN may live in CA, I donno).
There are 12 non-recourse states in the US: Alaska, Arizona, California, Connecticut, Hawaii Idaho, Minnesota, North Carolina, North Dakota, Texas, Utah, and Washington.
Outside of those states, you couldn't necessarily just walk away.