Strategic default is when a homeowner decides to stop paying on a mortgage loan even though they can still afford the payment. Since the housing crisis started in 2007 homeowners have been making the decision that it's better to strategically default than continue paying on a property that's upside down. Many people with negative equity use to find making the moral decision to strategically default is a difficult one to make, but now, a good business decision. With such a high rate in re-defaults on loan modifications it's become obvious that many Americans just don't think it's worth it anymore. We are here to help educate and assist you through the voluntary foreclosure process so you can cut your losses and rebuild your future. We are experienced professionals who have helped homeowners with home retention and default services for years. The choice is yours, but if your property is in a hard hit area plagued with declining property values you might consider going through this process and saving your hard earned money.. Whether you are considering strategic default because you have no other options, or just because you want to, we are not here to judge, we're here to help. We just want to help you find solutions and use the law to your advantage.

The Wall Street Journal's Real Time Economics reported that: Researchers have found that homeowners start to default once their negative equity passes 10% of the home's value. After that, they "walk away massively" after decreases of 15%. In today's climate, about 25% of borrowers would choose a strategic default as a solution, even if they could pay the mortgage when their negative equity hits 50% of the house's value.