This is a topic titled How Can I Get Out Of My Current Mortgage If My House Is Worth Less Than I Purchased I made in the Mortgage Talk section, belongs to our Mortgage Chat category; I purchased a townhouse almost three years ago now when prices were very high. Now my family is expanding and I want to buy a single family home, but my ...
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| Members List | Search | Today's Posts | Mark Read |
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| Senior Member Registered: Apr 2008
Posts: 1,497
| I purchased a townhouse almost three years ago now when prices were very high. Now my family is expanding and I want to buy a single family home, but my delima is my townhouse is not worth what i purchased it for and i would end up owing if I was to sell now (if i could even do that with the market right now). I would like to know if there are any mortgage options for getting out of this loan if i plan on purchasing another home. IF THAT'S EVEN POSSIBLE, I'M CLUELESS, HELP. I hope u understand what i'm trying to say. |
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