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financial setbacks

Avoid Foreclosure: Properly Handling An Underwater Mortgage

by John TayebDecember 17, 2009 Foreclosures

The unstable environment of a bad economy can leave homeowners dreading how low their home value will go. Over the summer, Zillow, an online real estate marketplace, revealed that people who purchased a home just two years prior, when most markets peaked, had the highest rates of negative equity.
This occurs when the home value is [...]

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