Re: Could there be a danger of with an excessive amount of security in home?
If you don’t have the cash flow to invest financial, they may be able foreclose for you. Indeed, because you indexed, into the margin, extra domestic collateral is very good bonus towards lender to help you foreclose and you may auction.
Basically, the response to your query is sure. Discover high risk having “Domestic Terrible” some body. Those who tied up a majority of their “net value” in their house and has now hardly anything else. (más…)