What does it mean when your house is underwater? A financial contract or asset that is worth less than its theoretical value is referred to as “underwater.” The word is most usually applied to a house or other big asset with an outstanding mortgage or loan that is more than the item’s value. Nothing is […]
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Foreclosure Prevention Measures in Texas
Local Fort Worth Texas homeowners facing financial challenges from the pandemic or other reasons may find themselves facing foreclosure. Continue reading to learn about foreclosure prevention measures in Texas. Foreclosure is when the mortgage loan doesn’t get paid back as agreed to, and the bank begins the process to take ownership of the property to recoup […]