For the rich and successful often making a decision about doing a short sale comes naturally. They seem to be less susceptible to the shame and fear of accused by their peers, friends, neighbors.
The government and the mortgage banking industry has specially created a fear factor to keep underwater homeowners from acting in their financial best interest.
The lenders called on the Government when they saw themselves in trouble. .
.and they all got their bailouts. .
A Short Sale is a form of a bailout for the homeowner who has an underwater mortgage with a hardship. . .
I invite you to read my latest eBook on this subject www.AdiosLender.com