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micky taulli Asked:

I have a 4 bdrm 2 1/2 bth 2200 sq ft 4yr old home in a 1 story community. I paid $341,000 for the home and received 32,000 in free upgrades. It is a upscale home with a 17ft granite bar maple cabinets all with roll out drawers, Huge pantry and laundry room. Large lot with long flat drive landscape front and back with huge back covered patio. I put down $64,000 down and the home is now worth maybe $250,000. I took 1 of the choose yr pmt loans and have been adding $700.00 per month for about a year as I could no longer afford even the interest only pmt. What can I do if anything to keep my home or do I just walk away from $64,000 dwn pmt and all the pmts for 4 yrs?? [North Las Vegas NV]

12/19/2008

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