Fear And Loathing In Homeownership There was a time when it was common knowledge that real estate only ever goes up in value. With the traumatic drop in prices in 2007-2009 it is pretty clear that this “fact” was utterly false. The truth is that real estate is like any other capital asset, it can […]
Tag Archive | "avoiding negative equity"
Fundamentally, negative equity is the situation where the value of your home is less than the amount you still owe on your mortgage. This can be a severe burden on you if you want to move and you find that your debts are greater than your selling price. These debts are the total of all […]