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One in Three New Homeowners Have Negative Equity

February 12, 2008
According to a report by Zillow, one in three homeowners have negative equity.  This is bad news for homeowners, but good news for the investor who is working the foreclosure short sale angle.  A short sale is where the lender agrees to take less than is owed on a property in lieu of the full amount.  If you are an investor, there's a huge supply of these deals. Learn more at the Foreclosure Investing Boot Camp.

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William Bronchick, ESQ.

Nationally-Known Attorney, Author, and Speaker

Attorney William ("Bill") Bronchick, the host of Legalwiz.com, has authored six best-selling books and is sought nationwide for his 30+ years of real estate and legal knowledge. He has been interviewed by numerous media outlets, such as CNBC, TIME Magazine, USA Today, Investor Business Daily, Forbes, and the LA Times, to name a few. William Bronchick is the co-founder and past President of the Colorado Association of Real Estate Investors and the President of the Colorado Landlords Association. Click on the "About" link above for more information on William Bronchick.

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