Home Builders Wa What Are My Options For Selling A Home In Negative Equity?

What are my options for selling a home in negative equity? - home builders wa

We moved into our new house in December 2005 Jax, FL. A few months later, my husband RECD a job offer from Microsoft, so he moved to Washington. Due to the high prices for apartments in Redmond, WA, we have decided to rent a place in WA. So far in May, we had a mortgage and rent payments each month to pay as the total revenue of $ 4K. Once he is on the way, we are trying to sell a house in Florida. The house builder has lowered its prices for new construction in the neighborhood. When we moved in, we sold the house for $ 240K for $ 280K. Today, new homes $ 216K. We have tried to find a tenant to know that we can not reach the payment of the mortgage Complete ($ 1965), and reduced our asking price up to $ 1000 rent. Still nothing. There is a new place, nothing happens with her and is in a fabulous location.

What options do I have? We can no longer afford to make mortgage payments and are in serious financial trouble.

TIA!