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Living up to our commitments

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By Greg Romberg

A recent story on National Public Radio suggested that people who find themselves with mortgage balances that are more than their homes are worth would be smart to stop making payments, have their homes foreclosed upon and then go buy another house in the same neighborhood based on the newly diminished housing values. They even found a contracts lawyer to say the reason there are default provisions in contracts is because defaulting on contracts is a rational option that is available to anyone who enters into any contract.


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Canyon Courier | circulation@canyoncourier.com | 303-350-1030
27902 Meadow Drive, Ste 200, Evergreen, CO 80439
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