Posts Tagged ‘foreclosures’

What if your professional Portland mover here were to advise you to NOT pay your mortgage? The advice may sound like pure madness, and while you wouldn’t likely take real estate advice from a moving company, there are literally millions of cases where skipping out on your mortgage payment may actually be sensible advice. A recent court-ruling in Massachusetts established that the bulk of foreclosed-upon properties repossessed by banks within the last five years were taken fraudulently as the banks do not own the promissory notes necessary to show property ownership. If you’ve recently moved to a foreclosure property, continuing to pay your mortgage may not only be unnecessary, you could quite possibly be participating in fraud by paying it!