Hello! I have been reading over many posts and have gleaned some wonderful information that I hope will help. We have a lot on Long Beach Peninsula that we bought high and have been unable to sell low. We owe $38k and can't sell it for close to that amount. We paid $54k about 5 years ago.
We have decided to walk. College expenses and the lack of equity have forced our hands. I have a basic question; how much legal help do we need? Attornies are expensive! Is one consultation enough? I pull a name off of this site and he is $300 an hour, for our situation will one hour do it for the entire process?
Washington is a non-recourse state, so I'm thinking we just need to sit back and let the process do it's thing. But that would be too easy, wouldn't it?
Thanks for any help, it is appreciated :-)