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Can you roll neagtive equity into another home if there is sufficient value in the new home?

My Husband bought our house before the market went down. If we wanted to buy another house and sell this one, can we take the negative equity and roll it into the new mortgage if the new home we purchase if below value?
  • February 02 2011 - New Port Richey
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Answers (5)

Great question but the answer I believe is a definite NO..
  • February 02 2011
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Nope!

  • February 02 2011
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home loans don't work like cars.   No, this will not work in real estate.
  • February 02 2011
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Simple answer 'NO"
  • February 02 2011
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No, that would be a car dealership method.
  • February 02 2011
  • 1Yes

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