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Negative Equity – Is Refinancing an Option?
http://www.wholesaleteacher.com/articles/289/1/Negative-Equity--Is-Refinancing-an-Option/Page1.html
J Suffie
Refinancing is a big issue right now. A lot of people would be wondering if they should refinance their mortgage. Depending on the situation the pros may outweigh the cons. Get the information you need to decide here: http://www.refinancingright.com 
By J Suffie
Published on 07/2/2008
 
Sometimes life can just deal you a bad hand If you're in a situation where your house is worth less than what you owe on it, you have what is called negative equity