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Loan Modification

: Loan Modification & Home Loan News

The curse of negative home equity

By Moe Bedard

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(Source: By Toluse Olorunnipa, The Miami Herald) – Wesley Ulloa bought her first condo for $230,000 in 2007, and watched helplessly as it lost two-thirds of its value during South Florida’s historic housing market tailspin. The 24-year-old real estate agent has been selling units in her Coconut Grove building for $80,000, a figure that makes [...]

Full post as published by Loan Modification & Home Loan News on February 21, 2011 (boomark / email).

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