How to re-mortgage my house when the value of the...
...house has dropped significantly? Because my divorce, I have to re-mortgage my house to remove my ex wife's name from the mortgage. Well, I live in the suburbs of Detroit and the home values have dropped so much, I owe more then the house is worth. At this rate, I do not have the requested 10% equity for standard banks to re-mortgage my house. What are my options? The lawyer said I have 90 days to get her name off the mortgage...what do I do? Any help would be appreciated!
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