What is Negative Equity?
Little or No Equity Posted on April 29, 2019 Posted by Will
Negative home equity occurs when the amount of your home loan exceeds the dollar amount your home is worth on the market. Loans are not set up in negative equity situations, but there are a number of factors that can flip equity upside down. Understanding how this happens and what to do about it can help you make smarter decisions when deciding what to do with your home. You can read more about your options here.