Faith and Cat,
I am also planning on walking away in California since I am upside down $150K. I am so confused how to begin. I am 3 months late awaiting loan mod but I think I am going to walk away. Do I ask for short sale first? Our neighbor across the street was on short sale but now foreclosed, nobody bought the house. How long do they give you time to short sale before they foreclose. I am getting nervous. I have 3 small kids, I need to know when to start finding a place to rent. Will anyone let me rent their house since I have 90 days late on my credit report.
