U.S Homeowners Struggle with Negative Equity

Aug 12, 2008

Important!!! Sober news for homeowners

More than 29% of buyers bought house in US last 5 yrs cannot sell their homes for a profit, they owe more than their property is worth. Negative Equity! Will surge to more than 45% if bought in the last 2 yrs. 1/4 ofs us homes sold for a loss, a serious situation.

10% overall price drop, largest in 12 yrs.
People cannot use their homes as a appreciating equity. Bank has crack down...

We at Houston preforeclosure.com can help, please call our associates today!

Read More: Mortgage Daily News, video

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