Tag Archives: home owners underwater

1 in 4 Mortgage Holders Underwater on Loans

Not only that, but in some cases they could borrow to cover closing costs. Yes, there were loans that would let them borrow up to 110% of the value of the home. Which means they were “underwater” from the very first day they were in the home. Continue reading

Posted in Tucson Real Estate | Tagged , | 2 Comments