is it possible to just leave the hot mess to the bank who owns the loan (basically you forfeit the ownership to them) so that the owner is at least not in debt (if the property values even less than the mortgage after the shake)
You are still on the hook to pay and your credit will be trashed. Only way out is bankruptcy which also trashes your credit.
You aren't on the hook to pay if you walk away and leave them the house. And if it's between trashing your credit and eating a million $$ I think the choice is obvious
Precisely why I didn’t buy in a liquefaction zone, and I bought EQ insurance.
What are the areas with no liquefaction zones?
not that many areas are not in liquefaction zone for bay area afaik
Do you know upfront that your building is in one?
Yes it's part of the inspection reports
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Women, help me understand why this is inspirational
Hope for the best and pray to baby Jesus
exactly what I am doing everyday