Updated over 6 years ago on . Most recent reply
My neighbor is down water now
My neighbor bought in Feb 2018.... 4/2 with 1700 sq ft... $2.5m at the time.... This is 94087 area of Sunnyvale
House now worth $1.8m, and they still have $2m mortgage...
First time for me seeing someone I know going “under water”
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Theresa Harris
#3 General Landlording & Rental Properties Contributor
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#3 General Landlording & Rental Properties Contributor
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Theresa Harris
#3 General Landlording & Rental Properties Contributor
Pro Member
#3 General Landlording & Rental Properties Contributor
The only time this is really a problem is if they go to sell the house or need to refinance.