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A place where you can find out the latest real estate trends, comment and ask questions based on your experiences with the foreclosures market. In addition, we want this blog to develop into a community where you can connect and share ideas with others interested in the foreclosures market.
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Is Negative Equity Important?
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First American CoreLogic
foreclosures
17 Dec 2008 2:14 PM
Is Negative Equity Important?
As home prices continue to decline nationwide, many homeowners find themselves with negative equity, owing more on their loans than their houses are worth. Negative equity, or being “underwater,” exposes borrowers to foreclosure because they...
Published
Wed, December 17 2008 2:14 PM
Octavion
Filed under:
foreclosures
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negative equity
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Underwater
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First American CoreLogic