Should You Ever Walk Away from a Mortgage? Read our helpful guide the SCOOP! Blog

See if it ever makes financial sense to turn your back on a home loan.

When most people buy a home, they expect its price will rise over time. But sometimes, the home falls in value, and in some cases the depreciation is so sharp that the amount owed on the mortgage becomes more than the home is worth.

This can make buyers question whether buying the home was a good decision. They may ask themselves: Does it make sense to stay in this home long term, or just simply walk away?

Click here to read our helpful guide the SCOOP! Blog