minus-squarePriorityMotif@lemmy.worldtoPeople Twitter@sh.itjust.works•How could this happen? linkfedilinkarrow-up4·4 hours agoThey only get to force the sale of the house to recoup their loan, you get to keep the extra from the sale. House sells for $300k, you owed $250k you walk away with $50k and the bank gets their money back. linkfedilink
They only get to force the sale of the house to recoup their loan, you get to keep the extra from the sale. House sells for $300k, you owed $250k you walk away with $50k and the bank gets their money back.