We owe more than house is worth...what to do? foreclosure??We live in a declining area. The two surrounding areas are semi crime ridden. The homes that have sold are tens of thousands of dollars lower than what the homes are worth. Is it worth it to let the house go into foreclosure? If not, any suggestions on what to do?May 10 2014 - Covedale00YesReport 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.