Tag «how to get out of a house that is underwater»

What To Do If Your Mortgage is Under Water

With over 20% of all homeowners being upside down with their Your Mortgage, it’s no wonder that lots of people are starting to ask if it’s really worth staying in a home that’s worth much less than the mortgage they are paying. After all, what’s the point of paying a $300,000 mortgage over 30 years when …

When Should You Walk Away From Your Home

With the Home market bottoming out there has been lots of talk and media coverage of people simply walking away from their homes and mortgages and letting the banks repossess their homes instead of trying to pay the full inflated price. Most people look to leave their homes when they owe more money on their …