Posts tagged "blownmortgage"

April 7, 2008

The Upside Down American Dream

The drop in real estate prices has left many Americans upside down — meaning they owe more on their mortgage than what their home is worth.

Morgan at blownmortgage.com observes that some of these people have no problem making their payments, but are wondering if they should just walk away anyway. He says that for some, The American dream is no longer home ownership; It’s getting out of their home.

Are you upside down? What do you think? Add your comments at the end of this post.

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