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Discover the unexpected places where large numbers of homeowners owe more on their home than the property is worth. Krakenimages.com / Shutterstock.com
Few things can rattle your financial nerves more than finding yourself “underwater” on your mortgage. This unhappy condition results when you owe more on your mortgage than your home is worth. A decline in your home’s value or an increase in your home-loan debt can quickly put you underwater. Here are the states with the highest percentage of homeowners who are underwater on their mortgage…
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