Tag : forbes

Zillow Says You Still Owe More Than Your Home Is Worth

Avoid Liens, Chapter 13, Foreclosure, Junior Mortgage, Modifications, Short Sales

Negative equity, a term that means that the amount owed on all mortgages is more than the market value; also known as “underwater.” Home equity is the difference the current resale value of the home and the total mortgage debt owed. According to Zillow, 9.7 million Americans still have a problem with negative equity and […]

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