Underwater Meaning Real Estate. Web an underwater mortgage is a home loan that’s worth more than the house itself. In other words, you owe more on your mortgage than the current market value of your home.
Web related group of florida is one of south florida’s largest luxury real estate developers, with over 100 million square feet developed in the region since 1979. Web if your mortgage is underwater, you cannot sell and pay off the home. Web some 250,000 people who took out a mortgage this year to buy a home are now underwater, meaning they owe more on their loan than the home is.
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Web answer (1 of 7): Web developer william swaim is selling about 4 acres of land, included portions that are underwater, for $43 to $46 million depending on whether he fills it in and builds. If you just want an estimate, you can talk to an. Web if your mortgage is underwater, you cannot sell and pay off the home.