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What do you do when your Loan balance exceeds your property value?

I think those of us in this situation are screwed! 
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February 27 2009 - Vacaville
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You make your payments and in the future you will owe less that what the property is worth.
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February 27 2009
Profile picture for Clearpoint
I do not understand your question, are you asking what you do if you want to refinance and your value is less than you owe or just what do you do if you owe more than it's current value?

Being upside down on your mortgage is in no way being screwed as you refered to it.  You are still paying the same mortgage as you were before and the same mortgage you would if your home was worth more. 
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February 27 2009
 
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