Homeowners Face the Reality of Upside Down Mortgages
September 6, 2008 546 No CommentsThe thought of being upside down on an automobile is not new. This event usually occurs when a buyer make the choice to buy a new auto before they have paid off their old one. As a result, the remainder of the loan on their current auto is added to the new note for the new car. The result is that the auto owner now owes more on the new auto than it is really worth. Read the rest…
