Negative Mortgages Now A Reality For Many Homeowners

August 30, 2008 on 2:09 am | In 5672 | No Comments

The idea of being upside down on a vehicle is not that new. This commonly occurs when a consumer makes the decision to purchase a new vehicle before they have paid off their existing vehicle. As a result, the balance of the loan on the existing vehicle is added to the note for the new vehicle. The result is that the consumer owes more on the new vehicle than it is actually worth. Continue reading Negative Mortgages Now A Reality For Many Homeowners…

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