Joe Aldeguer

Joe Aldeguer, a Chicago rooted financial expert, says that Strategic Default may help some homeowners start fresh when faced with a home whose value isn’t what they were promised it would be.

The Boom

Many homeowners were caught up in the booming real estate market of the mid 2000s, says real estate expert Joe Aldeguer, and were blatantly promised that their home’s value would increase at around 4.5% annually. Sadly, cites Joe Aldeguer, it isn’t happening that way at all. Many homeowners are now sitting “underwater” in a house they were led to believe would help secure their future. Joe Aldeguer says it is time to get real and face the possibility that real estate isn’t the golden egg it was once thought.