Nearly 26 percent of all home owners were equity rich in this year’s third quarter, but a floundering 9 percent were seriously underwater, according to Attom Data Solutions.

An equity rich property is one in which the owner owes 50 percent or less of its estimated current value, and Attom says there are 14.5 million of them. On the other hand, more than 4.9 million owners had a combined loan balance secured by their houses that was at least 25 percent above their current value.

Which raises the question, why do underwater homeowners continue to make their mortgage payments when it will be a long time, if ever, until their houses are worth more than they owe? Or better yet, until their houses are valued at 10 percent above market, because that’s the generally accepted break-even point after paying your selling costs?

That’s a question the New York Federal Reserve Bank asked underwater borrowers in a survey this spring. And nearly 87 percent said that, “no, absolutely not,” have they ever considered not making their payments. Never even entered their minds. And 6 percent said they’ve considered throwing in the towel but never did. None actually stopped.

So, why didn’t they stop? Nearly 78 percent said they liked their homes and didn’t want to give them up. And 1 in 4 respondents said the cost to move to another house was just too great.

Nearly 1 in 5 respondents worried that stopping their house payment would negatively impact their credit score, and almost 17 percent were afraid the lender would not only take their house, but also come after their belongings. Yes, losing a house will definitely affect your credit score, but I know of no lender that wants your car, TV or personal effects.

Meanwhile, some 15 percent have a moral problem with stopping, and 11 percent held the belief that eventually, their places would be worth more than their combined debts.

If you are counting, respondents were allowed to select multiple reasons.

Scams, scams, everywhere a scam. The latest: A call threatening to shut off your electricity or other utilities unless you pay off a past-due bill.

You know you’ve paid, but you can’t afford to lose your heat, air conditioning, water and so on. Besides, the guy on the line sounds so convincing, so believable. But you can’t afford to trust him because it’s not true.

Here, thanks to the Federal Trade Commission, is how to handle such calls:

-- Keep the guy on the line while you check your receipts. If you’ve marked it paid, hang up.

-- Don’t give out your banking information by email or phone. Real utility companies won’t ask for it, and they won’t make you pay up that way as your only option.

-- If the caller demands payment by gift card, cash reload card, wiring the money or cryptocurrency, take it as a red flag. Legit companies don’t demand one specific form of payment, the government’s consumer watchdog agency says. And they don’t accept cards or bitcoin.

The FTC has shut down three outfits that sell fake documents to people who are applying for a mortgage or other products and services.

Homebuyers need evidence of their employment, income, bank accounts and so on. But if you buy fake pay stubs, tax forms and the like online and give them to a lender to support your application, you are committing fraud and could be prosecuted. Besides, most lenders these days confirm electronically what you state on your application.

While on the subject of scams, check out Fireball Approves (www.fornoscams.us), a website that helps consumers identify all sorts of rip-off schemes before they become a victim.

I haven’t used the site myself, but it claims that renters of residential properties and vacation homes can obtain confirmation of ownership, a phone number and an email address within 48 hours. No personal information is needed from the customer besides their name, email and phone.

Fireball Approves also offers a vetting service for vacation rental property owners that can be inserted into their advertising or property listings to gain the confidence of a potential customer. And it offers business verifications to assure that contractors are bonded, licensed and insured.

If you lose your house to foreclosure, you don’t necessarily have to lose all hope. And if you are thinking about buying a place that has been repossessed by a lender, you might want to think twice.

What we’re talking about here is called the “statutory right of redemption.” Simply put, it gives a former owner whose property has been taken back in a foreclosure proceeding the ability to redeem the mortgage and keep said property -- if, within a prescribed time frame, the former owner is somehow able to come up with enough money to repay what was owed.

All of us have the right to save our homes from foreclosure by paying off the entire mortgage balance, plus fees and costs, prior to the foreclosure sale, no matter where we live. But in many states, the law gives us the right to redeem our homes for a period of time after the foreclosure, usually by paying the foreclosure sales price plus interest and allowable fees.

In those states, consequently, owners can get their homes back even if they’ve been sold to someone else. In other words, not only can you retrieve your house, the unsuspecting buyer who bought it may have to give it up -- even if their family has already moved in.

Each state has its own rules regarding redemption, so it is impossible to cover every one here. Legal website Nolo has a chart detailing the law in each state: nolo.com/legal-encyclopedia/50-state-chart-key-aspects-state-foreclosure-law.html. You also can obtain more information on the law in your state by contacting someone in county government who handles foreclosures. But generally, there are two separate rights of redemption:

-- Equitable. No matter which state you live in, you have the right to save your house right up to a foreclosure sale. This often proves difficult: After all, why would you be in foreclosure if you have the dough to pay off the entire loan? But you can try to refinance the mortgage with another lender or sell the place to someone else.

-- Statutory. About half of the states allow people to reacquire their homes for a period of time after it is repossessed. Time frames vary. In some, the right lasts for only one month; in other states, a couple of years.

If you want to exercise this right, legal folks suggest having a commitment for a new loan, or even a loan itself, in place when you do so. They also advise obtaining a pro forma commitment from a title company and having all title issues resolved beforehand.

If your home sells at a foreclosure auction for a price far below its fair market value, you may be able to recoup your equity by redeeming the property for the foreclosure sale price, selling it to someone for the fair market value and pocketing the difference.

The statutory right of redemption isn’t exercised very often. But if it is, and you are on the other end of the redemption process -- in other words, you bought the foreclosed property and the previous owner exercises his or her right to fetch it back -- you should be reimbursed for what you paid for the property, the value of any improvements that you made, plus costs such as interest and taxes you paid on it.

Procedures vary by state. But according to LegalMatch, a licensed attorney-finding website, the process starts when the original owner makes a written demand to the buyer for a statement of charges required to redeem the property. The buyer has about 10 days to comply. Then, the first owner can file a claim and pay the redemption price.

However, if the first owner fails to pay, they forfeit their right of redemption, and the buyer acquires the title to the property and all rights and interests in it. And if the original owner is still in possession of the property, he or she must vacate or face eviction -- or, even worse, trespassing charges.

A way for buyers to get around the possibility that the owner will exercise their statutory right of redemption is to buy the redemption rights from the owner. You can do this shortly before or after you purchase the place at auction, at a cost that is totally negotiable. In many cases, someone facing foreclosure who sees no realistic way to avoid losing the house or recovering the property will be happy to sell rights they never expect to use.

What you have read here is for informational purposes only, and should not be taken as legal advice. If you find yourself in this predicament, you should secure legal counsel right away.

While on the topic of redemption, owners whose properties have been levied upon by the Internal Revenue Service for failure to pay their federal income taxes have the right to pay off that lien prior to the house being sold. If you do so, all further proceedings will stop.

After the house is sold, the tax law gives you the right to redeem it up to 180 days after the sale by paying the IRS what you owe and paying the buyer what they paid for the house, plus 20 percent interest per annum.

Moving from one home to another is always a daunting experience. But moving in the dead of winter presents its own sets of problems, with the major headache being the unpredictability of the weather.

Winter storms of all ilks -- from driving ice storms to downright blizzards -- can play havoc with moving. Fortunately, moving companies aren’t as busy as they are in spring and summer, so they can more easily switch days if the weather makes it necessary.

But if you want to move on the appointed day no matter what, most professional drivers and vehicles are up to the task. “We can get the job done regardless of the weather,” says Lior Rachmany of New York’s Dumbo Moving and Storage, one the largest household goods movers in the area. His advice is to stay positive, even in dire weather. “It may be freezing outside, but remain cool,” he says. “We’re always going to get the job done.”

Not all moving companies are that adventurous, though. Allied Van Lines, for one, says that if the roads are impassible, it won’t send out its trucks.

If you postpone at least 48 hours before your scheduled move, the mover probably won’t assess a penalty. But just in case, ask the company about its weather-setback policy before you sign a contract or hand over a down payment.

If you decide to go ahead as planned, it may take somewhat longer than expected because the mover may have to change routes due to road conditions. For example, in periods of high winds, trucks may not be permitted to cross certain bridges. So keep your eyes and ears tuned to your local traffic reports, advises Niccole Schreck, a rental expert with rent.com.

To help the process along, it is your responsibility to make sure your sidewalks, steps and driveways are clear. Shovel them or have the plowed, and throw down some salt so they don’t freeze over. Do the same at your new place. You might also want to consider erecting some kind of tent as a shelter over exposed pathways. Your movers must have safe access to both houses. If either place is inaccessible, the move will be delayed or canceled.

Also at both houses, put down cardboard or plastic sheeting to protect your floors, and have plenty of towels available to wipe down whatever gets wet. Plastic can also be used to protect your electronics, wooden furniture and plants.

Packing-wise, you can use boxes, but consider plastic bins instead. They ward off the elements so much better. Since it might not be financially feasible to buy enough tubs, inquire about the possibility of renting what you need from your mover. It may ratchet up the cost of your move a bit, but it will protect your goods much better than cardboard.

Even if you stick with boxes, as an added layer of protection, the guys on your particular job should cover them with moving pads or some kind of tarp as they are taken from the old house to the truck and then from the truck into the new house. The crew should also put plastic wrap around your furniture, appliances, electronics and other items than don’t fit neatly into a rectangular container.

Obviously, you and your family won’t be going in the van with your stuff, so service your car ahead of time, and make sure you pack a shovel, ice scrapers, salt, a warm change of clothes, rain or snow gear and blankets. And make sure you take some extra cash along, if only for some nice tips for the frozen crew in the truck at the end of the day.

At the new place, make sure the utilities are on, and have cleaning supplies on hand. The same goes for the old house; you’ll want to be able to clean up in both places.

A few other tips: Help warm up your family and the crew by keeping a pot of hot coffee or hot chocolate at the ready. The movers’ gloves may get soaked, so buy some extra warm gloves at the dollar store and keep them handy.

Most of what you just read also applies to folks who are moving themselves, rather than hiring professional movers. But to avoid the additional issues winter moves present, do-it-yourselfers might want to consider renting a big shipping container that they can load and unload themselves.

When you’re finished loading the container, the company will pick it up and deliver it to your new residence. And when you are done unloading, they’ll come back and take it away.