{"id":9522,"date":"2018-02-28T03:38:51","date_gmt":"2018-02-28T03:38:51","guid":{"rendered":"http:\/\/www.realestatewords.com\/?page_id=9522"},"modified":"2021-11-03T20:08:32","modified_gmt":"2021-11-03T20:08:32","slug":"upside-down","status":"publish","type":"page","link":"https:\/\/www.realestatewords.com\/upside-down\/","title":{"rendered":"Upside Down"},"content":{"rendered":"<h2>Upside Down Definition<\/h2>\n<p>The term <em>Upside Down<\/em>, also known as Underwater, refers to when a home owner owes more on the home <a href=\"https:\/\/www.realestatewords.com\/mortgage\/\">mortgage<\/a> than what the home is currently worth. This is due to declining value usually following an overheated real estate market where property <a href=\"https:\/\/www.realestatewords.com\/value\/\">value<\/a> rose very high. It could also happen in an area where the economy is shrinking due to lack of employment and economic changes.<\/p>\n<p>&nbsp;<\/p>\n<div class=\"shortcode_tabs horiz_tabs\"><div class=\"scT\"><ul class=\"scT-tab clearfix\"><li class='tS' style='width:100%;'><a>Expert Contributor<\/a><\/li><\/ul><div class='scTC scTC903' style='display:block;'><p>\n<p><strong style=\"font-size: 15pt;\"><img loading=\"lazy\" decoding=\"async\" class=\"alignleft wp-image-10445 \" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2019\/11\/jim-eyre-e1573257089479-259x300.jpg\" alt=\"\" width=\"150\" height=\"173\" srcset=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2019\/11\/jim-eyre-e1573257089479-259x300.jpg 259w, https:\/\/www.realestatewords.com\/wp-content\/uploads\/2019\/11\/jim-eyre-e1573257089479.jpg 281w\" sizes=\"(max-width: 150px) 100vw, 150px\" \/>Jim Eyre<\/strong><\/p>\n<p><em>LOAN OFFICER<\/em><\/p>\n<p>Expert contributor at RealEstateWords.com<\/p>\n<p>&nbsp;<\/p>\n<p><strong><a href=\"https:\/\/www.realestatewords.com\/contributors\/jim-eyre\/\" target=\"_blank\" rel=\"noopener noreferrer\">View profile<\/a><\/strong><\/p>\n<p>&nbsp;<\/p>\n<p>&nbsp;<\/p>\n<\/p><\/div><\/div><\/div>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"size-full wp-image-10688 aligncenter\" src=\"https:\/\/www.realestatewords.com\/wp-content\/uploads\/2020\/03\/Real-Estate-Words-Contributor.png\" alt=\"Real Estate Words Contributor badge\" width=\"200\" height=\"168\" \/><\/p>\n<p style=\"text-align: center;\">Interested in becoming a contributor? Apply for our <a href=\"https:\/\/www.realestatewords.com\/contributor-program\/\">Expert Contributor Program<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Upside Down Definition The term Upside Down, also known as Underwater, refers to when a home owner owes more on the home mortgage than what the home is currently worth. This is due to declining value usually following an overheated real estate market where property value rose very high. It could also happen in an [&hellip;]<\/p>\n","protected":false},"author":12,"featured_media":0,"parent":0,"menu_order":0,"comment_status":"closed","ping_status":"closed","template":"","meta":{"footnotes":""},"_links":{"self":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/9522"}],"collection":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages"}],"about":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/types\/page"}],"author":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/users\/12"}],"replies":[{"embeddable":true,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/comments?post=9522"}],"version-history":[{"count":2,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/9522\/revisions"}],"predecessor-version":[{"id":11165,"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/pages\/9522\/revisions\/11165"}],"wp:attachment":[{"href":"https:\/\/www.realestatewords.com\/wp-json\/wp\/v2\/media?parent=9522"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}