enow.com Web Search

  1. Ad

    related to: negative equity mortgage examples in california

Search results

  1. Results from the WOW.Com Content Network
  2. What is negative equity? A guide to underwater mortgages - AOL

    www.aol.com/finance/negative-equity-guide...

    For example, let’s say that your current mortgage loan balance is $360,000. But your home is only worth $300,000. In that case, you would have negative equity of $60,000.

  3. Home equity data and statistics: Why they matter to ... - AOL

    www.aol.com/finance/home-equity-data-statistics...

    For example, if you had an outstanding loan balance of $250,000 and your home appraised for $235,000, you’d have negative equity. It’s not a great state to be in.

  4. Underwater Homes: Top 10 States With the Most Negative-Equity ...

    www.aol.com/news/2012-07-20-underwater-homes-top...

    CoreLogic released its report on underwater mortgages this month, revealing that the number of mortgages with negative equity nationwide declined from 25.2 percent of all mortgages at the end of ...

  5. Negative equity - Wikipedia

    en.wikipedia.org/wiki/Negative_equity

    Negative equity is a deficit of owner's equity, occurring when the value of an asset used to secure a loan is less than the outstanding balance on the loan. [1] In the United States, assets (particularly real estate, whose loans are mortgages) with negative equity are often referred to as being "underwater", and loans and borrowers with negative equity are said to be "upside down".

  6. Default (finance) - Wikipedia

    en.wikipedia.org/wiki/Default_(finance)

    This is most commonly done for nonrecourse loans, where the creditor cannot make other claims on the debtor; a common example is a situation of negative equity on a mortgage loan in common law jurisdictions such as the United States, which is in general non-recourse. In this latter case, default is colloquially called "jingle mail"—the debtor ...

  7. Negative Equity: Options If You're Upside Down in Your Mortgage

    www.aol.com/news/2010-11-05-negative-equity...

    More Americans find themselves in a position of negative equity -- owing more on a mortgage than the home is currently worth. By itself, negative equity isn't necessarily trouble. Those who can ...

  8. Causes of the 2000s United States housing bubble - Wikipedia

    en.wikipedia.org/wiki/Causes_of_the_2000s_United...

    For example, in San Diego area, average mortgage payments grew 50% between 2001 and 2004. When interest rates rise, a reasonable question is how much house prices will fall, and what effect this will have on those holding negative equity, as well as on the U.S. economy in general. The salient question is whether interest rates are a determining ...

  9. Negative Equity: Options If You're Upside Down in Your Mortgage

    www.aol.com/2010/11/05/negative-equity-options...

    For premium support please call: 800-290-4726 more ways to reach us

  1. Ad

    related to: negative equity mortgage examples in california