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Wednesday, May 11, 2011

More Houses Going Under Water. Is It Now Time To Walk Away?

The number of under water houses in the U.S. is 28% higher than it was when it was last reported.

Now is the time for you to make the decision whether to stay or to walk away from a house that is either on its way to being under water or is already there.

If you take the time to review information on the net it will open your eyes to what is really going on with the housing market, but not according to the corporate owned main stream media, which insists on putting a positive spin on dismal news, so that you will believe that everything is all hunky dory.

If you do take the time to do your own research then you will realize that renting is a lot safer (financially) than paying on an under water mortgage.

The video that I am including will definitely give you something to think about.



In the end the decision is up to you. You can either keep holding on to your under water house and stay stressed out about it, or you can just walk away from it, and rent instead.

I am also including two links for you to check out.

http://www.bloomberg.com/news/2011-05-09/u-s-underwater-homeowners-increase-to-28-percent-zillow-says.html

http://www.gobankingrates.com/mortgage-rates/number-underwater-mortgages-us-jumps-28-percent/

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