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81
Posts
17
Votes
Derek Smith
  • Investor
  • Bowie, MD
17
Votes |
81
Posts

How to get rid of a second mortgage

Derek Smith
  • Investor
  • Bowie, MD
Posted

Hello I need your help.  I bought my home during the peak of the Real Estate boom.  I paid $680,000 for my home in 2006 and then the bubble busted.  Now 10 years later my home is UP TO about $500,000 in value and therefore I am still far under water.  I have a $100,000 second mortgage and I want to know if there is a way to eliminate this second due to the value of the home. I would like to keep my dream home so please don't recommend just selling.  Thanks. 

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