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Well it's probably foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth.
by xyzzy4 10y ago
Well it's probably foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth.
- dragonwriter 10y ago> Well it's pretty foolish to go even more into debt with a mortgage if you are at risk of having a negative net worth. Negative equity is usually something that happens after you take a mortgage. And whenever you take a mortgage, there is a risk of getting into a negative equity situation (though the degree of risk varies.)