My home depreciated in value by $20,000.00, but my mortgage payments went up over $650.00. Can someone out there help me out? My name is Oscar.I'm searching for an attorney that would advise me on what to do about my taxes, and mortgage payments.?
This is the loan you chose, so you obviously knew it would raise on a schedule. Your home value really does not effect you unless you are selling. Unless the bank has committed some fraud against you I am not sure what you need an attorney to do. You need a Real Estate attorney though,I'm searching for an attorney that would advise me on what to do about my taxes, and mortgage payments.?
Nope.
That is just a fluctuation in the market. The bank doesn't have to legally take any losses regarding that.
An attorney cannot help you. You made the choice to get an adjustable rate mortgage...a low rate was never guaranteed.
A home's value, is also, never guaranteed to go up.
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