5 Years. Walk away, or keep struggling (foreclosure, short sale, etc?Over the last 5 years my wife and I have continued to make pay our mortgage in a home we don't live in.My wife and I left the Atlanta area 5 years ago. The company I was working for was going through tough financial times, so we decided to relocate. We ended up in the Tampa area.We rent in Tampa, and still make our mortgage payments in Atlanta. It's been tough, but we have made things work. Financially it's killing us. We have had renters in our home for 2 out of the 5 years. Our last renters did a lot of damage to our home. We are in the legal process now to try to recoup some of that money. Over the years we have met with attorneys, real estate agents. Some tell us to walk, and others say to tough it out. My wife and I lived in a fairly large subdivision in the Atlanta burbs. We are asking 1/2 of what we paid for the house in 2006. The subdivision has several foreclosures right now. The foreclosures are selling for 1/2 of what we are asking. Our mortgage lender won't even talk to us. We have never missed a payment. To make our payments things like saving for retirement haven't happened. My wife's pay has recently been cut in half. We are reaching into saving now to make the mortgage payment, and pay our rent.I work in a specialized field, and there are just no positions near the house in Atlanta or we would move back.We want to buy in Tampa, but we know if we walk that's not happening. I've also tried to refinance, but the home is not recognized as our primary residence. Also since the home is on the market the bank won't refinance.Do we walk, or continue to toss money into it. 5 years after leaving we have lost $120K that I'm sure we never see back. I'd figure to sell the home we would have to drop the price another 50K to sell it. I just can't afford that.After 5 years I've finally hit the brick wall, and need to make a decision and stick with it. Just looking for some sound advice. Thank you.November 04 2012 - Atlanta00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.