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honydonk · 09-21-2007, 04:08 PM

Hi,

Thanks for replying. The issue i am having is that the house was bought in the last 2 years and as we now know the house prices are decreasing rather than increasing so there is no equity built except for the 25% that has been put down. I am not sure how i have a positive nw unless i am missing something.

09-21-2007, 04:08 PM	#3
honydonk Dryer sheet wannabe Join Date: Sep 2007 Posts: 16	Hi, Thanks for replying. The issue i am having is that the house was bought in the last 2 years and as we now know the house prices are decreasing rather than increasing so there is no equity built except for the 25% that has been put down. I am not sure how i have a positive nw unless i am missing something.