Selling your home at a loss
Lori and Aaron Travis thought the brick rowhouse in Upper Fells Point was beautiful, so they bought it for $309,000 five years ago. Now – after a job loss and failed negotiations with their lender – they’re trying to sell.
For $190,000.
They have plenty of company. The dramatic change from booming housing market to slump has left an increasing number of homeowners selling at a loss.
Full story is available on The Baltimore Sun
