YouWalkAway.com, also known as You Walk Away, was a company that helped homeowners facing foreclosure through strategic default. YouWalkAway was based in San Diego, California.[1][2][3]
 | |
| Industry | foreclosure consulting |
|---|---|
| Founded | 2007 |
| Headquarters | San Diego, California |
Key people | Jon Maddux and Chad Ruyle (Co-Founders) |
| Website | www.youwalkaway.com |
Jonathan Maddux and Chad Ruyle formed YouWalkAway.com in 2007. The company's goal was to help homeowners navigate through a foreclosure while understanding their options and rights. For a fee, the company provided tools, resources, legal and tax help, and support.[4]
YouWalkAway.com developed a strategic default calculator to help homeowners calculate the savings they might have by getting out of an underwater mortgage.[5] In 2012, YouWalkAway.com launched AfterForeclosure.com to help people discover if they were eligible to buy again after a foreclosure or a short sale.[6]
References
edit- ^ Leland, John (February 29, 2008). "Facing Default, Some Walk Out on New Homes". The New York Times. Retrieved August 22, 2011.
- ^ "Buying a New Home When You Haven't Sold the Old One". Fox Business. May 11, 2010. Retrieved August 22, 2011.
- ^ Vespereny, Cynthia (March 16, 2008). "Mortgage troubles leave borrowers, banks in bind". St. Louis Business Journal. Retrieved August 22, 2011.
- ^ "About YouWalkAway". Youwalkaway.com. Retrieved August 20, 2011.
- ^ Schultz, Jennifer (January 27, 2010). "Should You Walk Away From Your Mortgage?". The New York Times. Retrieved August 20, 2011.
- ^ Olick, Diana (February 22, 2013). "They Bailed on Their Homes—Now They Want Back In". CNBC. Retrieved July 27, 2021.