• If You Owe More on Your Mortgage Than Your House Is Worth, Should You Try to Sell or Stay Put?

    17 days ago - By RIS Media

    Being underwater, or having a mortgage balance higher than a house's current market value, is a situation no homeowner wants to be in. If you have found yourself in this predicament, you're probably trying to figure out what to do-and may be receiving conflicting advice.
    When and How to Sell Your Home
    If you've fallen behind on your mortgage payments and know that you won't be able to catch up, selling your house may be your best bet. Doing so can allow you to get out from under an expensive mortgage, avoid foreclosure and make a fresh start in a more affordable home.
    If you try a...
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