Sadly, we’re seeing this more and more, where people Can’t sell, so owners give bank the homes
Desperate families walk away rather than lose them to foreclosure.
STERLING HEIGHTS — Alan and Alyson Wirgau live in a cute ranch on a quiet suburban street next to an award-winning school. There’s a new roof above their heads, a new deck in back and a For Sale By Owner sign in front.
Instead of weighing offers, the family is weighing an option that seemed unthinkable a year ago: If they don’t sell their home soon, they may turn down the heat, load their possessions in a U-Haul and drive away.
Read the whole thing.
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