Underwater

Libby Guthrie, REALTOR®

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Underwater

Category: Financing
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Underwater

The phrases “underwater” and “upside down” refer to a situation when the amount owed on a mortgage loan is greater than the value of the property.

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Posted by Libby Guthrie
Tags: Mortgage, Real Estate Terms

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About the Author

Libby Guthrie, REALTOR®

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Howdy! I'm Libby Guthrie. I'll be your guide to real estate in the Greater Knoxville TN area. Whether you're buying, selling, or you just want to learn a little about real estate, you're in the right place!

I've been working in real estate for over 30 years, and have been the agent in over 1400 transactions, so I know I can help you too!

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