What to do when we can no longer afford the mortgage?
My wife and I have a property that has lost about 180K in value since we bought the assets of the 2005th Since we were renting it, but recently lost our tenants. If we do rent, it is more or less coverage of our first mortgage, but we still have to pay our own way to cover the second loan, landscaping, pool services and we Hoa.Me looking for new tenants, but have not had the chance we’ve paid to a mortgage with our savings. Unfortunately, we can only assume that your way through December. If we can not be before the tenants, which should / can we do?