Bankruptcy and near folrclousureDue to economic condition, our house went to forclosure, now in mediation, FHA loan, also went thru bankruptcy almost 9 months passed. The bank want us to pay all the back interest with all other late fee etc. and the price of the house went skyrocketed a 125000 market value house becomes 298000. a payment of 1930. a month. Is this house worth saving. Also we vacate the house either thru forclosure or a short sale, is there a possibllity to buy another house in this cheap market.Also the Bank doesn't want to reduce the principal under modification.February 18 2013 - Oak Brook0YesReport 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.