Housing prices continue to be on average down 20% from the height of the housing bubble several years ago. These lower prices have caused many homeowners to have a negative equity in their homes. They are faced with the difficult decision of walking away from their home and suffering the consequences of a bank foreclosure. Here is some advice on what to do if you are faced with that decision. Foreclosing your home will have a severe impact on your credit score and your ability to access credit, either for a new home or any other type of loan. Over...

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