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Answers (4)

- wetdawgs
- Contributions:26853
There are eligibility requirements for short sales and foreclosures (e.g. hardship, death, illness, divorce etc.). Study up on those requirements to see if you might be eligible.
Should you chose to short sell or foreclose, it will be several years until you can purchase another house. Therefore, consider your options very carefully.
Please note: Zestimates are not appraisals but numbers generated from a computer model. A real appraisal may give you a better idea on what it is worht.
Should you chose to short sell or foreclose, it will be several years until you can purchase another house. Therefore, consider your options very carefully.
Please note: Zestimates are not appraisals but numbers generated from a computer model. A real appraisal may give you a better idea on what it is worht.

- jnel25
- Contributions:3
Zillow and realtor.com says the value. That's where I got those numbers from.

- Carra Riley, "Cosmic Cow Pie"
- Contributions:3
Right now there are loan modification programs available. The first place to start is direct communicaiton with your lender... short sale or foreclosure IS going to effect your credit. You have a moral dilema.

- Randolph Leslie Smith, "RandolphLSmith"
- Contributions:156
Who says it is only worth 174K today?
You have many options no one has thought of yet, at least I never heard anyone tell of them.
I am done giving out hard earned, free advice, but since you have children, contact me directly for some suggestions for you to consider.
You have many options no one has thought of yet, at least I never heard anyone tell of them.
I am done giving out hard earned, free advice, but since you have children, contact me directly for some suggestions for you to consider.



What's the best way to get out of my house that I owe more than it's worth?
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