Monday, August 17, 2009

What If I'm Upside Down In My Home?

If you are upside down in your home - meaning that you owe more than your home is worth - it may be time to talk to a pro. If you can weather the storm and wait it out, i.e. - pay down the mortgage until you're ok and wait out the current economic conditions, then ok. But if you are forced to have to sell for one or more reasons, ask for help. A knowledgable attorney, accountant and Realtor are good resources for informed, professional guidance.

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