Some HARD TO IMPOSSIBLE Help for Underwater Homeowners

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Despite auspicious prognostications as to the state of real estate market long after the "Great Recession" in 2008, today still the real estate market seems to be reeling from similar turmoil. In fact, despite some specious improvement in the status of real estate market for some time, again, data portend weakening or worsening real estate climate. Hence, the government with banks are speciously to the rescue. Let us explore some of the programs offered by the government and banks for struggling homeowners with properties worth less than what the homeowners owe on the property. Nonetheless, such rescue maybe hard to impossible for many.

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DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Doron Eghbali, Law Advocate Group, LLP | Attorney Advertising

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