Few things are more psychologically and financially damaging than the realization that you owe more on your home than it is worth. The real estate industry has forever advised potential buyers that you “can’t go wrong owing a home since prices always go up” – a myth that exploded as the housing bubble started to […]
Millions Of FHA Borrowers Have Negative Home Equity Which Often Results In Defaults
January 5, 2012 Filed Under: FHA loan, FHA mortgage, FHA property