Did you know that according to the Charlotte Business Journal an estimated 6.6% of the residential properties with mortgages in NC are “underwater”. This means that the property is worth less than what is owed on the loan. This equates to 156,061 homes statewide. Nationwide nearly 28% are “underwater” with the highest concentration in Nevada, Arizona, Florida, Michigan and California.
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Filed under: buyers, Daily News, sellers
