Any hope for owner whose loan is greater than 105% of current value?In one&half years, owner will have to start paying on the principle. Â WHen that occurs, owner will probably have to default / see home mortgage holder foreclose.April 16 2009 - Concord00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.