Can I Really Refinance My Home Loan That’s Upside Down?
By Rob McNelis Can I Really Refinance My Home Loan that is Upside Down? The short answer is maybe. You see, up until now lenders had you in a kind of “catch 22.” If you were upside down on your...
View ArticleBuying and short-selling at the same time not a likely solution for...
Q: We are saving to buy a second home to find better schools for our kids and because we are 50 percent upside down in our current home. We plan to short-sell our current house once we get into the new...
View ArticleReal Estate Watch: How to refinance a house you are renting out
Refinance your investment homes without the condition of your rental history! Buying a house is an attractive proposition in these days of low mortgage interest rates and fallen prices. But if you want...
View ArticleNegative equity dropping as housing market improves
Negative equity. There was a time when most borrowers had never even heard the term. But with the housing market crash five years ago, millions of homeowners became intimately familiar with the concept...
View ArticleHARP changes put refinancing in reach of more homeowners
When the federal Home Affordable Refinance Program (HARP) launched in 2009, millions took advantage, but many other homeowners found they couldn’t qualify to refinance their underwater mortgages....
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