http://tastyrealestate.com/2006/03/23/upside-down-in-their-loans/ A Real Estate Resource For Berkeley, Albany, and El Cerrito CA Fri, 25 Jul 2008 13:52:31 +0000 http://wordpress.org/?v=2.0-RC3 http://tastyrealestate.com/2006/03/23/upside-down-in-their-loans/#comment-4971 Sun, 26 Aug 2007 04:53:59 +0000 http://tastyrealestate.com/2006/03/23/upside-down-in-their-loans/#comment-4971 It has become worse. Foreclosures, Short Sales and Price Reductions are rampant on the West Coast. It has become worse. Foreclosures, Short Sales and Price Reductions are rampant on the West Coast.

]]> http://tastyrealestate.com/2006/03/23/upside-down-in-their-loans/#comment-201 Sun, 03 Dec 2006 21:32:15 +0000 http://tastyrealestate.com/2006/03/23/upside-down-in-their-loans/#comment-201 What people don't understand that if you do any kind of cash out refinance, you are now upside down on your origianl mortgage. Negative equity could be a good thing if you understand how to use it effectively. I don't encourage ANYONE to ever borrower more than their house is worth, soplease be very cafeful of 100% or higher ltv deals. What people don’t understand that if you do any kind of cash out refinance, you are now upside down on your origianl mortgage. Negative equity could be a good thing if you understand how to use it effectively. I don’t encourage ANYONE to ever borrower more than their house is worth, soplease be very cafeful of 100% or higher ltv deals.

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