Need Options to Avoid Foreclosure?You may not know it, but there are millions of people in this country who are being given bad advice. Homeowners who feel that there is no escape from their unmanageable mortgage are being told that they can simply walk away.It is called Strategic Default. For distressed homeowners who believe that they have no good choices left, the idea of walking away free of consequence may sound like a relief. The reality, however, is that choosing strategic default can have serious repercussions on your credit report.THERE ARE BETTER OPTIONS AVAILABLE![Promotion and removed by Zillow moderator. Please see our Good Neighbor Policy for more information.]May 09 2012 - Covina00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.