One in Six owe more than what their home is worth

Today's headline on MSN.COM Nearly 1 in 6 homeowners 'under water'

This really sounds like an alarming statistic. One in Six homeowners are upside down. 2 Trillion dollars have been lost in the stock market fiasco.

THE MEDIA LOVES TO PRINT THE HORRIBLE NEWS, they continue to spew negative news and I for one am quite sick of it. I know things are not good right now, but not everything is horrible.

Lets look at this, one in six homeowners is upside down. That sounds bad.... If they need to sell NOW, they are in trouble. Not every homeowner NEEDS to sell NOW, they still live in their homes and hopefully they are making their mortgage payment. They pay, they stay. They have a roof over their heads and they are upside down on paper. If they don't need to sell, they stay put and they continue to live there and IT DOES NOT MATTER AT THIS POINT THAT THEY ARE UPSIDE DOWN. This statistic really does not mean anything...... The real statistic is How many homeowners who have no choice but to sell are upside down????

IF YOU DO NOT NEED TO SELL, hang in there. Your family has a roof over their head and they are warm and safe.

IF YOU DO NEED TO SELL, you owe it to your self to contact The Payne Group immediately. We may be able to help but if we can not help, we will not lead you on, if you want the truth, you want The Payne Group!!

Want to know if you are upside down on your mortgage? Check out our online home valuation