3 ms·
California is non-recourse. You don't have to declare bankruptcy to walk away from a house. The bank gets the house, but the most you can lose is whatever you'v
by ianferrel 11y ago
California is non-recourse. You don't have to declare bankruptcy to walk away from a house. The bank gets the house, but the most you can lose is whatever you've paid into it (which can still be a lot).
- brianwawok 11y agoWell I think the end result is the same right? Your credit goes down, and you lose your down payment.