Underwater on your home? Don't know what to do? Let one of the the nation's leading experts guide you to the right decision. In Underwater Home, Professor White addresses all your concerns and helps you work through the emotions and practical realities of being underwater on your home. He explains your options and gives you the facts that will empower you to make the best decision for your family, free from guilt or fear, and with clarity, confidence, and peace of mind. Underwater Home is both an emotional and practical guide for the underwater homeowner. Professor White explains when it makes financial sense to stay in your underwater home and when it makes sense to get out. And he offers no-nonsense insight into how to negotiate with your lender. If you're underwater on your home, you can't afford not to read this book. "In a tone that is both conversational and precise... lays out the case for and against walking away from an upside-down mortgage where the home is worth less than the mortgage balance. As is his habit, Mr. White strips away many of the emotional reasons that are often touted to deter walkaways. - Wall Street Journal, Decemeber 7, 2010. "Underwater mortgage? The book banks and Fannie hope you won’t read." Reuters, December 15, 2010 "Law Prof’s Book Helps Underwater Homeowners Decide When to Walk Away" - ABA Journal, December 8, 2010. "A how-to book on strategic mortgage default." - Orlando Sentinel, December 15, 2010 "Brent White, a University of Arizona law professor who has preached the morality double standard that homeowners face while companies default on loans without so much as a second thought, now makes his case in a book that virtually holds homeowners’ hand through the process. He tells them what to consider when deciding whether they should stop paying the mortgage... White even walks homeowners through the math to figure out whether they’re better off staying put and or walking away. - Orlando Sentinel, December 15, 2010
Price: $18.95
Due to the wave of refinancing in recent years, and the fall in home values, in 2009 about 12 million homeowners and investors will be "underwater"--owing more than their property is worth. This book explains all the options for these homeowners who are trapped with houses they want to get free from, people whose property value has dropped so low that they can't sell the property, people whose mortgage payment has adjusted and now they can't afford the property. In addition to offering advice on subject to's, rentals, leases, loan modifications and more...the book will teach America how to short sale their own home.