Jim Cramer says “It’s smart to walk away” from that mortgage…TheStreet.com TV
Posted on August 1st, 2007 by admin
If I say it…I’ll probably get sued! Jim Cramer says “if your house is down, just walk away”….make sure you look at our future blogposts on Credit Strategies for this! If you are in a situation where you can’t keep up with the mortage payments and the housing market in your area is still going down, even Jim Cramer, Financial Guru extraordinaire, advocates walking away. As Jim asks: Will the Fed make the Stroke of a Pen by 1 point to save the upcoming Crisis?
Click on the play button below (bottom left corner of video screen below) to Play - make sure your sound is on.
Powerful Message I wanted to share with you all, Yours Truly, Maria Gudelis.
Filed under: U.S. Real Estate Status
