It happens and happens too fast!  One day all is good and then, your business arena slows down or you get laid off...or?

Rising costs can haunt you too...or...that once attractive ARM or "% only mtge" is now up for refinance and the new payment can't be met.  You need to try to get some of your equity out...or...just get out?  The options are ominous...but...there are options.

I've worked with salt-of-the-earth people who've had to let their homes go or go into short sales.  Very few knew what consequences there would be and most needed a lot of help.

So...what to do?

Real Estate attnys may be less costly than you think.  Call a few and check out what they'll do and what they'll charge...it's worth your time.

Or, call me.  You may be better off than you think but in any case, you'll be more informed and not in the dark, in this dark, dark market.

More and more people are having to file the "B" route and there's far less stigma attached to the procedure than in days past.

The realty market will continue to sink for probably 10 to 18 months to come.  It will sink some in the pricing area, sink some in the overcrowded inventory area, and it will be a long and tough climb where appreciation is concerned.  If you don't have to sell and can hold on for a few more years...you may be best off going in that direction.  Time flys, you'll be there before you know it and not lose thousands of dollars by selling too soon?

What say you?