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Real Estate
Reply to "Tell me how to get out of my underwater house"
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[quote=Anonymous]We are underwater by the same amount. We figured out what we could pay in additional principal every month and are on a 2 1/2 year plan to pay down the difference between what we owe and market price so that we can sell if/when we need to. Plus, we're saving a bit more than usual in a bank account so that if we do need cash for realtor fees or whatever when we sell, then we will have it. We won't be going on any vacations any time soon but we haven't had to cut out cable or cell phones either. If we needed to, we would though. My advice - if you don't have to move right away - is to do the same.[/quote]
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