Responsible Homeowners Drown in Debt With No Offer of Help
04. Jul, 2010 
0 Comments
RISMEDIA, July 2, 2010—(MCT)—Scott Katzer owes about 0,000 more than his Fort Lauderdale home is worth. Unable to sell anytime soon, he wants to reduce his monthly mortgage payment by refinancing to a lower interest rate. Katzer doesn’t qualify under a government refinancing program because the value of his home is so much lower than what he owes. Private lenders turn him down for the same reason and he’s ineligible for assistance from a state-run program because he has a…
