Posted: May 16, 2012 |Comments: 0 |

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If you’re seeking underwater mortgage help, you may be considering strategic default¾in other words, walking away from your mortgage and letting the bank foreclose. It’s a perfectly reasonable decision for some people with an underwater mortgage, but it’s also one that many homeowners struggle with because they feel that walking away is somehow morally wrong.

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Posted: May 04, 2012 |Comments: 0 |

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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. We’ve outlined a few of the questions you need to ask yourself before making a decision about your underwater mortgage.

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Individual homeowners aren’t the only people who are in need of underwater mortgage help these days. Many landlords, whether they own multiple properties or just a single rental home, are also struggling with underwater mortgages. If you’re underwater on your rental property and are looking for underwater mortgage resources, here’s an important list of facts you need to know.