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2 Reviews
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8 of 9 people found the following review helpful:
2.0 out of 5 stars
Not a "How To" Book,
By Todd Bigger "TB" (St. Petersburg, FL) - See all my reviews
This review is from: Choose Foreclosure: The Case For Walking Away (Paperback)
If you are expecting a detailed guide on how to walk away from a house that has lost value and in which you have little or no equity, this is not the book for you. Instead, the author provides a philosophical argument for why you are justified in walking away from your house during these times. He likens the owner of a house with a high mortgage payment and decreasing value to an "indentured debt slave". The book rightfully blames Wall Street, banks, predatory lending practices and Alan Greenspan amoung others for creating the real estate "Ponzi Scheme" and getting us, the little guy, trapped in a finanial nighmare. I truly enjoyed reading this, no holds barred, attack on the financial system that created so much pain for Americans. If you have some ethical problem with pursuing foreclosure, this book will rid you of that guilt. There are some helpful guides to walking away from your mortgage but not the kind of state-by-state legal guide I was looking for.
2 of 2 people found the following review helpful:
4.0 out of 5 stars
Interesting Read - Great Premise - Could have been more concise.,
By Pen Name "Optional" (NC, USA) - See all my reviews
Amazon Verified Purchase(What's this?)
This review is from: Choose Foreclosure: The Case For Walking Away (Paperback)
I recommend this book.
It is an interesting book with a really strong premise. The premise is strong enough that the book could have been more concise. The general idea(s) are repeated many times, after the idea has already been driven home. It is still worth the read. |
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Choose Foreclosure: The Case For Walking Away by The Postman (Paperback - August 8, 2008)
Used & New from: $71.95
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