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Make a budget to determine whether you can afford a home.

"I Owe More Than My House Is Worth." - Kiplinger
When Michelle Jacobson bought a brand-new, three-bedroom house on an oversize lot in Northwest Las Vegas five years ago, she thought she had it made.
http://www.kiplinger.com/magazine/archives/2009/05/if-you-cant-pay-mortgage.html

Owe More than My House is Worth and Mortgage Help
Six options to get help with an upside down mortgage where you Owe More than My House is Worth. Bills.com has the tips to help you save.
http://www.bills.com/owe-more-than-my-house-is-worth-and-mortgagehelp/

When Your Home's Value is Less Than the Mortgage
Real Estate & Mortgage Resources . For a variety of reasons, it is possible that the total debt on your home may be more than what the home is worth. Most of .
http://www.realestateabc.com/insights/home-value-less-than-mortage.htm

Staying in Your Home

Get Help With Fallen Home Value
Apr 2, 2012 . If you're not behind on your mortgage payments but owe more than your home is worth, (and your loan is not insured or guaranteed by FHA), .
http://www.makinghomeaffordable.gov/programs/fallen-value-help/Pages/default.aspx

Expenses

States Negotiate $26 Billion Agreement for Homeowners - NYTimes ...
Feb 8, 2012 . About one in five Americans with mortgages are underwater, which means they owe more than their home is worth. Collectively, their negative .
http://www.nytimes.com/2012/02/09/business/states-negotiate-25-billion-deal-for-homeowners.html?pagewanted=all

How Can You Refinance If You Owe More Than Your Home Is Worth ...
Call several mortgage lenders to see if any would be willing to refinance your mortgage loan even though you owe more on it than what your home is worth.
http://homeguides.sfgate.com/can-refinance-owe-home-worth-2104.html

The Budget

Why Not Just Walk Away from a Home? : NPR
Feb 13, 2008 . A "for sale" sign is seen in front of a foreclosed home in Antioch, Calif., . that is, they owe more on their mortgage than their house is worth.
http://www.npr.org/templates/story/story.php?storyId=18958049

U.S. Mortgage Holders Owing More Than Homes Are Worth Rise to ...
May 10, 2010 . More than a fifth of U.S. mortgage holders owed more than their homes were worth in the first quarter as repossessions climbed to a record, .
http://www.bloomberg.com/news/2010-05-10/u-s-mortgage-holders-owing-more-than-homes-are-worth-rise-to-23-of-total.html

Analyzing

Mortgage Settlement: Do the Big Banks Owe You Money? - The ...
Feb 10, 2012 . National Mortgage Settlement Monitor Joseph Smith Weighs in on . on their payments, owe more on their mortgage than their home is worth.
http://www.usnews.com/news/blogs/home-front/2012/02/10/mortgage-settlement-do-the-big-banks-owe-you-money

HARP and Loan Modification Making Home Affordable Program ...
Dec 13, 2010 . You owe more on your mortgage than your home is worth.If you owe more than your home is worth and previously couldn't qualify for a .
http://www.quickenloans.com/blog/governments-making-home-affordable-program-refinance-relief-responsible-homeowners

Your Credit Report

Help for homeowners | The White House
Feb 18, 2009 . Borrowers Who Are Current on Their Mortgage Are Asking: . I owe more than my property is worth, do I still qualify to refinance under the .
http://www.whitehouse.gov/blog/09/02/18/Help-for-homeowners

FHFA NEWS RELEASE
Oct 24, 2011 . direction with input from lenders, mortgage insurers and other . Borrowers who owe more on their house than the house is worth will be able to .
http://www.fhfa.gov/webfiles/22721/HARP_release_102411_Final.pdf

Just 44% Believe Their Home Worth More Than Mortgage ...
Thursday, December 22, 2011. Home ownership used to be the cornerstone of middle class financial planning and equity in a home is typically a family's biggest .
http://www.rasmussenreports.com/public_content/business/housing/december_2011/just_44_believe_their_home_worth_more_than_mortgage

About the Author

Chart: Owing more than home is worth - USATODAY.com
Feb 4, 2011 . At least half of homeowners with a mortgage owe more than their homes are worth in 17 of 386 U.S. counties. Counties with the highest .
http://www.usatoday.com/money/economy/housing/2011-02-04-under-water-chart_N.htm

Refinance Relief for Homeowners who owe more than their home is ...
Apr 10, 2012 . Mortgage in Boston, MA - Refinance Relief is now available for Homeowners who owe more than their home is worth. The Home ...
http://www.zillow.com/advice-thread/Refinance-Relief-for-Homeowners-who-owe-more-than-their-home-is-worth/438526/

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