Netta, 'I'm upside down on my mortgage, what should I do?'

That was the question ask of me by a seller who had invested tons into his home which is now worth less that half its value.  The question that he ask me is not unusual by any means.  Many homeowners are in similar situation today.  What should they do?  Unfortunately, for some, their job situations have changed, their health conditions have changed in addition to a list of other concerns not to mention their adjustable rate mortgages.  For some, their credit scores have gotten worst than better.

Currently there are many talks about changes however for some homeowner, it will be too late.  It will take a joint effort by everyone, not just those in default or those upside down to make these changes.  No one knows what tomorrow will bring so we need to all work together to make a change in this market.  It will benefit everyone and not just some.

Remember positive changes brings positive results.