Reply to Tell me how to get out of my underwater house

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[quote=Anonymous][quote=Anonymous]The OP said they could handle the payments, and didn't say they had to move for any particular reason - they just don't want the house anymore.  Nobody is saying that *all* people who short-sell or whatever are bad - some have factors like job loss, health issues, etc.  You can't foresee everything when you buy.  But someone who *can* afford the house but just doesn't want to pay for it anymore - that's a person deserving of our criticism.  Sorry, but that's the price you pay.  If you don't get that there's a risk to investing in anything, you shouldn't be making the investment.[/quote]

I tend to agree with this.

Listen, OP - do what others have suggested, start paying down your principal more aggressively.  Do that or sell and bring $$$ to the table.  There is no miracle quick fix just b/c you made a bad real estate decision.  I don't blame you.  Millions of people did the same thing.  Most of us had no idea how bad the bubble would burst.

But be an adult and take some ownership over your decisions.  If you want to walk away, fine - let the banks foreclose and ruin your credit.  But what else exactly are you looking for?[/quote]

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