3A%2F%2Fwww.investopedia.com%2F?w=250 /% Find out what options are available when your mortgage is greater than the value of your home.

3A%2F%2Fwww.wisebread.com%2F?w=250 /% 6 options for home owners underwater on their mortgages. Let’s let those who made bad decisions to buy a house, just lose that house.

3A%2F%2Fwww.moneyunder30.com%2F?w=250 /% Get access to our best money hacks: Join over 13,207 other young professionals and learn how to get out of debt by 30, increase your income this year and invest for

3A%2F%2Fwww.marketwatch.com%2F?w=250 /% After banks’ initial resistance to loan modification programs and refinancing designed to help struggling borrowers, many are now embracing programs for homeowners in

3A%2F%2Fblog.credit.com%2F?w=250 /% Our home is currently underwater, but we decided to stay for two reasons: 1) I grew up in a housing project. As a child, I always dreamed of having my own home that

3A%2F%2Fhomebuying.about.com%2F?w=250 /% Dumping an Underwater Home Without Doing a Short Sale There Are Other Options For Underwater Homes Apart From a Short Sale

3A%2F%2Fblog.credit.com%2F?w=250 /% A mortgage loan modification is one of six possible options when your mortgage is underwater, or, when the home is worth less than what you owe on it.

3A%2F%2Fwww.thinkglink.com%2F?w=250 /% View our other articles that are related to this post. strategic default; underwater mortgage © Ilyce R. Glink. All rights reserved. This content may not

3A%2F%2Fwww.forbes.com%2F?w=250 /% Personal Finance 1/10/2013 @ 9:32AM 60,193 views Extension of Mortgage Debt Relief and Debt Cancellation: Options If Your Mortgage Is Still Underwater

3A%2F%2Fwww.bankrate.com%2F?w=250 /% Homeowners whose mortgage balance exceeds the current property value know the futility of trying to get a refinance. Refinancing options for so-called underwater

3A%2F%2Fwww.news-press.com%2F?w=250 /% equity likely already refinanced to mitigate the payment shock from a resetting HELOC — an option not readily available for homeowners still underwater.” But Robbie Roepstorff, president of Fort Myers-based Edison National Bank, said it may be

3A%2F%2Fwww.examiner.com%2F?w=250 /% Without the tax break extension in place, underwater homeowners are reticent buyers cannot exercise the short sale option until the tax extension is in place. Contact your Senators and tell them to extend The Mortgage Debt Relief Act through 2016.

3A%2F%2Fwww.housingwire.com%2F?w=250 /% The redefault rate for homeowners who received loan modifications cannot exercise the short sale option until the tax extension is in place, and the underutilized HAMP must improve its performance for the sake of underwater borrowers.

3A%2F%2Fwww.inman.com%2F?w=250 /% According to RealtyTrac’s U.S. Home Equity & Underwater Report for the fourth you have a number of options. Do you walk away from your home when your mortgage exceeds its value? Do you default on your credit cards and/or declare bankruptcy?

3A%2F%2Fwww.cnbc.com%2F?w=250 /% On top of that, borrowers must begin paying down the loan principal to mitigate the payment shock from a resetting HELOC — an option not readily available for homeowners still underwater, he added in the report. Fifty-six percent of the 3.3 million

3A%2F%2Fwww.wsj.com%2F?w=250 /% One option is to get mortgage insurance from the Federal Housing Also, consider the risks of putting little or nothing down. If home values decline, you could end up “underwater”—that is, owing more than the house is worth. First-time buyers

3A%2F%2Fwww.marketwatch.com%2F?w=250 /% For underwater borrowers, these programs are among the very few options available for them to refinance. Homeowners who owe up 125% of their home’s current market value should contact their lender or mortgage servicer to find out if they’re participating

3A%2F%2Ffinance.yahoo.com%2F?w=250 /% Homeowners often find themselves in the unenviable position of owing more on the balance of their mortgages than their homes are worth. This results from a combination of events, many of which are beyond a homeowner’s control. Falling real estate prices, a

3A%2F%2Fwww.homebuyinginstitute.com%2F?w=250 /% Homeowners who meet these and other HARP requirements may be able to refinance their homes in 2014, even if lender or any other mortgage lender offering HARP refinances to review their refinancing options.” Many underwater (or nearly underwater

3A%2F%2Fwww.reviewjournal.com%2F?w=250 /% California research firm RealtyTrac looked beyond primary mortgages and found thousands of Nevadans with home equity lines of credit because refinancing into a lower-interest loan isn’t usually an option for homes with substantial negative equity