House Value Lower than Current Mortgage BalanceI would like to refi but according to this website (Zillow) my house value is roughly 12k lower than what I currently owe. I purchased the property in 2007 and have no intention to move anytime soon. What if anything can I do considering the difference between the house value and what I owe on my current mortgage?March 20 2009 - Lansdowne00YesReport 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.