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Full Description
Underwater: Options When Your Mortgage Is Upside Down outlines the options—when foreclosure is a good idea, how to best protect the equity you've built up, the financial repercussions of going into foreclosure, strategies for renegotiating a loan, taking advantage of government programs designed to keep you happily housed, and more.
Contents
* The Real Estate Crash * How Bad is the Underwater Problem * Advice from an Underwater Homeowner * Advice from a Real Estate attorney * Advice from a Real Estate Agent * Advice from a Mortgage Broker * Advice from a Real Estate Agent * Advice from a Real Estate Agent * Advice from a Mortgage Broker * Advice from a Real Estate Expert * Advice from a Real Estate Economist * Advice from an Economist * Advice from CoreLogic Chief Economist Mark Fleming * What You Should Know About Fannie Mae and Freddie Mac * Lenders Settle with Homeowners for $25 Billion for Abuses * Twelve Valuable Government Programs * Glossary of Terms * Additional Resources



