So the alternative would be what? Walk away from the house and get judgments instead???:dontknow: Ruining any chance of ever having credit again? :dontknow:
I'm sure most of you are aware that part of gettin a job these days, in addition to background and drug testing is a
credit check
Also, to rent a house you normally need a
credit check and in some places you also need a
credit check to obtain a homeowner's insurance policy ...... just something to think about.
OCBob has hit the scenario right on the head. It is as if he is walking in my shoes.... BINGO, not bad for a biker scum.
We can finish selling off the rest of EVERYTHING we own (including the dishes we eat off of) and STILL not bring in enough money at the salary most any job pays even a "burger flipping" job as some have made reference to pay the basic mortgage payment - not accounting for the rest of the living expenses Bob mentioned.
Even if we (or others in our situation) sell the house, the rent elsewhere would be most likely be comparable to the mortgage payment and we/they would not have the opportunity to use any equity when the market does come back.
The expense involved in relocating to another state and the ramifications of being a stranger in a new town have to be astronomical. Being older doesn't help things either. Trust me, we are not above hard work of any kind to make this work for our family, just trying to figure something out to be able to keep the investment that took so many years to acquire and ride out the storm until the market comes back ...... It also makes it harder when you are limited to one family member who is physically able to hold a job
It is looking more and more like the answer is a day job and a night job. That is if you can get one that will work you over 20 hours per week. Most employers are also cutting their costs by hiring part time help and even outsourcing services via the internet and the telephone.

Has anyone called Dell lately
Off my soap box, I'm sure there are many answers, it is just finding the one that is the most suiting. Anyone want to donate for a well - we can move to our 10 acres (it is similar to the property SRTBrad has) - very rural - but not quite as far out as his.... only about 5 miles from pavement and does have water rights, but the water has to get from the ground to the tap somehow )