posted by Seth Macchi on Saturday, January 17, 2009
In our current housing market, it is not uncommon for homeowners to own a house that is "upside-down" or worth less than what they owe. For anyone interested, here is a a cool chart that gives you an idea of what is happening in your city's housing market.
Click here ยป
Labels: negative equity, short sales, stop foreclosure, upside down
posted by Seth Macchi on Wednesday, December 24, 2008
Here's an article from the Wall Street Journal released back in October 08. It has some great insight into what many homeowners are facing...a house that is no longer worth what it was just a few short years or, in some cases, months ago.
If your home is now worth less than your loan and you can't afford it anymore, Contact us for more information or visit our website to find out more about how we can help you avoid foreclosure.
Labels: default, foreclosure, loans, mortgage, under water, upside down, Wall Street Journal
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