Charles Speros News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Americans owe more than on their mortgage than their home is actually worth. in arizona, that number doubles, with nearly 50% of residents underwater on their homes. >> if the house is worth $3 million, somebody comes along and offers you $2.5 million, the question is do i really want to sell it for that, because i think it's worth more than $2.5 million. >> charles speros has lost millions. even homeowners who can make their payments have a tough task of figuring out what to do next. >> people who say you're not in trouble, they're foolish. this is silly. if you think everybody puts great sto...

In arizona, that number doubles with 50% of residents under water on their home. >> if the house is worth $3 million and somebody comes along and offers you $2.5 million, the question is do i really want to sell it for $2.5 million? i think it's worth more than $2.5 million. >> charles speros' home was once valued near $4 million. he has take an loss and the home is now on the market for $2.4 million. for many in the upscale phoenix suburb, the housing crash meant losing millions. even homeowners who can make their payment have a tough task of figuring out what to do next. >> people who think ...