Cash is King – Upside Down Mortgage Solutions

December 10, 2009

Negative Equity Mortgage

A negative equity mortgage has a real impact on your overall financial picture. There are only so many different ways you can overcome thousands of dollars of negative equity mortgages before you are facing being broke.

Here are some good articles that discuss various issues surrounding Negative Equity Mortgages:

Most Borrowers with Negative Equity Have ARMs

And analysts at Amherst Securities Group warn that negative equity is a much more significant predictor of defaults than unemployment. As of the third quarter of 2009, First American CoreLogic found that most borrowers with negative equity have ARMs originated between 2005 and 2008. The borrowers… Subscribers have free access to the archives. … Get the free IMFnews e-newsletter sent to you every Wednesday. You’ll get the top mortgage news from all our publications.

New negative equity mortgage offers a lifeline – Walletpop UK

The experts will all tell you that negative equity isn’t a problem for life. You just sit tight, ride out the tough times, and eventually the price will edge back up to what you paid for your home. In most cases it only takes a couple …

Calculated Risk: Negative Equity Report for Q3

The average value for all properties with a mortgage is $270200, but properties in negative equity have an average value of $210300 or 22 percent less (Figure 8). The average mortgage debt for properties in negative in equity was …

Divorce yourself from your home!

So, take Professor White’s advice and just say No to negative equity. But don’t just walk away! Fight your foreclosure to gain leverage and possibly force a meaningful modification of your mortgage. The first step is to treat your house …

Real Estate Forecast for 2010

Mortgage experts speaking before the House Financial Services Committee have all concluded the Obama administration’s mortgage modification program is “destined to fail” and doesn’t address the issue of negative equity. …

My mortgage lender, Wells Fargo, sent me an application for the …

Anyway, I have an ARM mortgage that will NOT adjust until 2014. I have negative equity thanks to the wonderful market. My appx value is probably around k and I owe about k. My interest rate is about 8% but with zero PMI with a monthly …

If you have question about an Upside Down Commercial Mortgage I suggest you contact Howard Minster.  He has not only mortgage workout programs but may have a cash flow program for you as well.

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