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I dived 7 from the 10, and with 25 years of diving experience I can say that these divesites are definitely not the most dangerous on the planet. The high mortality of these sites is the fact thay they are accessible to the unexperienced.
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5 Facts About Underwater Homeowners. the data analytics firm offered a broad overview of the state of the underwater mortgage market. What follows, in turn, are five of the more telling facts I.
Living underwater is something that many people have come across thanks to its futuristic portrayal in fiction, movies and video games. Being able to see the beauty of the oceans, surrounded by astounding marine life, is something that might seem impossible for most but the truth is that there are many underwater structures around the world that offer the ability to live, dine or learn, while.
The report indicates that there are still more than seven million homeowners who are underwater in America-that is, they owe more on their homes than the homes are worth.
An "underwater" mortgage is when the balance of the mortgage loan is higher than the fair market value of the property. This type of situation became common following the housing market crash that occurred in the late 2000s when many homeowners saw their homes lose a considerable portion of their value.
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As of Q1 2010, 14.75 million owe more than their house is worth: http://www.calculatedriskblog.com/2010/07/negative-equity-breakdown.html. That would be a third of.
For example, if you buy a house for $400,000, taking out a $360,000 mortgage, and the market value slides to $320,000, you are "underwater" — because you owe $360,000, and your home is worth only.
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