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: Loan Modification & Home Loan News

14% of Mortgages Underwater in Mecklenburg County North Carolina

By Moe Bedard

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(Source: The Charlotte Observer / by Kirsten Valle Pittman) - The new tax values distributed to Mecklenburg County homeowners last week confirmed, for many, what they long feared: Their houses are worth less than what they owe on their mortgages.Nearly 52,000 homes in the Charlotte region — 14 percent of all residential properties with mortgages [...]

Full post as published by Loan Modification & Home Loan News on February 14, 2011 (boomark / email).

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