Sentence examples for underwater properties from inspiring English sources

(The national average of underwater properties is 28.4 percent).

The company recently raised to $7 billion its estimate of unrealized losses on underwater properties.

These so-called underwater properties are difficult to sell and impossible to refinance.

He wants to change the rules to encourage banks to do more short sales of so-called underwater properties.

It also closes a legal avenue for homeowners with limited incomes and overwhelming debt to shed their underwater properties, bankruptcy lawyers say.

Home values are rising slowly in communities that are farther out, making it more difficult to reduce the higher-than-average share of underwater properties.

The fate of the underwater property, which has been privately owned for more than 300 years, is still unclear.

The village never had any right to tell us what we could do with our underwater property".

Once the underwater property lines were determined, the developers were able to count that square footage toward the floor-area-ratio requirement, Ms. Stoica said.

Like a homeowner overstretched with a big mortgage on an underwater property, some bondholders whispered back then that the company might have to file for Chapter 11.

"Let me also emphasize that any homeowner who can afford his mortgage payment but chooses to walk away from an underwater property is simply a speculator," Treasury Secretary Henry M. Paulson Jr. said in late March.