What is the upside down in real estate finance?

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Question ajoutée par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society
Date de publication: 2014/12/01

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Alex Al Yazouri

par Alex Al Yazouri , General Manager , Al Mushref Cooperative Society

Upside down is when somebody owes more on their home or property than it is currently worth in the market; also called "negative equity".

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