Many homeowners are finding that they owe more than the house is worth. Should they give up, stop making payments, walk away? NO! NO!
Real Estate values fluctuate and they will go up again in a few years and maybe sooner. If you can afford your payments, keep making them. If you walk away, your credit will suffer greatly and you will find it difficult to buy again or even rent. BE PATIENT! Let some time pass. Eventually the value in your home will increase.
To find out more on this subject, please contact me and I will be glad to answer your questions.