Should I walk away from my home.IN my neighborhood we had key-dropping and some people walked away. So the house went into foreclosure. IN the last 4 months HUD came into the neighborhood and cleaned up the homes and put them on sale. Example: 2005 new construction home sold $260,000. IN 2010 the homes had a value of $230,000. After HUD came into the homes sold for $170,00! Now all the homes are valued at the $170,000 price and the Banks will not re-negotiate any modifications, because they say the prices are to low. If the home is now assessed at $170,000 and I hold a $260,000 loan. It could take decades for the home to appreciate back to just $200,000! So, the government, was "helping" and all it did was make things worst, by dropping the prices by $60,000 or more!Should I just walk away?Who is responsible for this HUD?April 02 2011 - Lake Stevens00YesReport 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.