How much is my house worth?!I have purchased a house in May of 2010. The price of the house was $178.000. We own now $173.000. We just received a city hall notice that the value of our house is now worth $113000. I'm not sure if I'm entitled to call my mortgage or a lender to "modify my loan". I am not thinking of refinancing at all. Would anyone know of somebody that will be willing to modify my loan with no penalties or so? Is it worth to still stay in this house at this value when I have to pay almost 150 % back?Should I just walk away like others?! I can afford to pay for the house as I have a good income, but is it worth it doing it so? Or should I get another house for a less price?!Thank you!!!September 08 2011 - Chandler00YesReport 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.