Mortgages & Creative Financing

A Walkaway Joe

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155 Articles Written
In the late 1990s country music star, Trisha Yearwood, had a hit song titled Walkaway Joe. The title of that song would be an apt description of many borrowers today. These people invested in real estate by leveraging themselves as much as possible. Many of them bought homes with little or no money down. The [...] View the full article: A Walkaway Joe on The BiggerPockets Blog. This content is Copyright © 2017 BiggerPockets, Inc. All Rights Reserved.

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    Joshua Dorkin
    Replied over 11 years ago
    Amen, brother. People in this country have stopped taking responsibility for most of their lives, who would they have a different outlook when it comes to their finances. Until we see some kind of turn-around, the country will continue to decline in stature, standing, and every other metric that defines greatness.
    Tom Lindmark
    Replied over 11 years ago
    Good article. I share your sentiments about responsibility. Fortunately, there seems to be some emerging evidence that the “walk away” problem is not as bad as the press has reported. Here’s a link to a post I did on this issue and it has some links that will take you to other thoughts on the subject-http://blog.metro-real-estate.com/?p=375.
    James Winston
    Replied over 11 years ago
    Awesome post, will be looking forward to reading more about the real estate market and foreclosures.