Thursday, May 01, 2008

Jose Canseco Walks Away

by Bill McBride on 5/01/2008 08:43:00 PM

From Peter Viles at L.A. Land: Celebrity foreclosure: Jose Canseco loses Encino home (hat tip Chris & James)

In comments to the TV show "Inside Edition," Canseco says, "It didn't make financial sense for me to keep paying a mortgage on a home that was basically owned by someone else."
Is this really a "walk away"? Or was Jose having financial problems?