Was listening to NPR this eveing on the way home from work and they covered an interesting new business that is taking advantage of the rising tide of foreclosures on the market. Two San Diego lawyers have created a new web site called YOUWALKAWAY.com that provides consumers with a foreclosure kit so that they can literally simply leave their houses in eight months after foreclosure. Interesting business, but may not be a great thing for the real estate or mortgage industries to promote to consumers.
What do you think? Interesting and innovative business model, but may be a tough one for the real estate industry to swallow.