Real Estate Pitfalls That People Seeking Underwater Mortgage Help Should Know

If you're seeking underwater mortgage help, you have a number of different options

. Some underwater homeowners might pursue loan modifications, for example, while others may attempt a short sale or deliberately default on their mortgage loan. The right choice for you depends on a number of factors, including some possible pitfalls related to real estate. Weve outlined a few of the questions you need to ask yourself before making a decision about your underwater mortgage.

Are you currently living in the home?

by: Molly Castelazo

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