Question by sphix: can you refinance even if your property is worthless than you owe?
I have mortgage that is more than what the house is worth in this market, is refinancing option still available?
Best answer:
Answer by David M
You can refinance, but not for more than the property is worth. You would have to come up with the difference in cash. Which I doubt that you can do if you’re asking this question.
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