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  • Holly Grigaitis, President, Designated Broker, Kenneth Svercl, Associate Broker Options & Opportunities, LLC 928-284 9367 To read what we are reading about real estate, connect with us on facebook. www.facebook.com/optionsaz.
What Keeps Baby Boomers from Walking Away?

Baby boomers are more likely to have depleted their savings before making the decision to default, leaving them with little to no money during their retirement. As a result, many boomers inadvertently remove their “safety net” of 401ks and other funds in order to maintain an underwater property.However, after walking away, few seem to regret their decision. Fifty-three percent of those surveyed said they would have made the same decision to walk away if they were 20 years younger. An overwhelming 97 percent said they would recommend their decision to a family member facing the same circumstances.  Read the full article by clicking the link below.  Contact our office for more information regardimg avoiding foreclosure via loan modifications or short sales.

http://www.dsnews.com/articles/what-keeps-baby-boomers-from-walking-away-2012-09-26

Posted: Friday, October 05, 2012 6:56 AM by Holly Grigaitis, Designated Broker

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