On the most recent episode of the TREW Show, my co-host Nick and I discussed 6 strategies for underwater mortgages.
The unfortunate by-product of this difficult economy is the fact that many people are underwater or upside down in their home mortgage. We describe the options and strategies:
1- Stay and pay
2- Refinance
3- Loan modification
4- Short Sale
5- Foreclosure
6- Bankruptcy
