I have lost 40% of my value. If prices were to go up 5% a year I would not break even for 20 years. I am thinking of simply packing up and moving out. In two years I will have saved enough for 20% down on my next place and the market will still be way down so I will actually be in a place to build equity. I know it is irresponsible. But these are desperate times and I feel a need to look at things very selfishly. I need to make money on my house or I will be on the street when I retire. Thoughts on this plan would be very appreciated.
Answers
just an idea Ford Fairmont Tail Lights http://taillights.co.cc/Tail-Lights/Ford-Fairmont-Tail-Lights
i really appreciate this, and will try it. http://delicious.com/amazinggrace44
awesome http://www.linkagogo.com/go/Members/flowersgirl/Home
terrific insight Respisense Baby Monitors http://babymonitors.coolseller.com/Baby-Monitors/Respisense-Baby-Monitors
are you required to do this? Mens Sunglasses http://mensunglasses.co.cc/
Looks very good! ski equipment http://usedskiequipment.co.cc/
Mostly good, but some were lame. embroidery supply http://embroidery.coolseller.com/
interesting? not much 4 wheeler parts http://atvpartsallterrain.com/
you snooze you loose used gibson guitars http://awesomeacousticguitars.com/
the story was still worth reading. 23 inch rims http://2022inchrims.co.cc/
why would anyone want this? cheap car audio http://caraudio.coolseller.com/
will it sell? marine electronics http://bocamarine.vox.com/
terrific insight girls clothes http://girlsclothesdiscount.com/
Very good story. Thank you for sharing. Pediasure Baby Formula http://babyformula.coolseller.com/Formula/Pediasure-Baby-Formula
got a mirror? Snowmobiles http://snowmobiles.coolseller.com/
you should read this Team Losi Radio Controlled Cars
Looks like there is a lot of work to be done! :) vintage guns http://vintagegunhunting.com/
This is going to be fun! baby scales for sale http://babyscales.coolseller.com/
very good article. thanks for sharing. auto performance chips http://performancechips.co.cc/
you should read this car safety seats http://babyinfantcarseats.com/
good read, you should check it out diaper bags http://diaperbags.coolseller.com/
Keep it up! Boat Parts http://boatparts.coolseller.com/
anyone got a mirror? http://www.a1-webmarks.com/links-caps12.html
really nice stuff snowshoe supplies http://snowshoes.coolseller.com/
Who would have thought? :P christmas decorations http://santafoot.com/
share the love Business Supplies http://business.coolseller.com/
just an idea Radio Controlled Batteries - Chargers
Interesting? not really. Computers http://computers.coolseller.com/
looks like there is much work to be done! ;) military collectibles http://militariacollectibles.org/
just an idea used sewing machines http://sewingmachinessergers.com/
absolutely genius air conditioning parts http://hvacpartsforsale.com/
Congrats, on all the exciting news! flat panel tvs http://flatlcdtv.co.cc/
I differ with those above fish aquariums http://aquariumfishsale.com/
Looks like the site is down. bass fishing boats http://fishingbassboatsforsale.com/
the story was still worth reading. Palmer Golf Bags http://golfbagsa.com/Bags/Palmer-Golf-Bags
Mostly good, but some were lame. Merit Golf Clubs http://golfclubsa.com/Clubs/Merit-Golf-Clubs
Nice and sweet and to the point. Electronics http://electronics.coolseller.com/
It is people like you that are causing the financial crisis.
Dump it and walk. You and 5 million others will be forgiven by the banks. They will have to lend. That's how they stay in business.
Obviously this has credit and tax ramdifications. Be careful. Talk to a real estate attorney about your exposure. The good news is that you are not alone. There is a whole second wave coming and prices are not going to recover for years. The tax hit may be worth it versus a couple hundred grand into a sinkhole.