Need advice....thinking of walking away. Owe two times what the place is worth & already have another place of residence that is paid for. Adult child living at the home that I want to walk away from but can no longer afford the mortgage payment. The home/land is not worth any where close to the pay off of the mortgage & will never pay off the mortgage i'm sure (interest rate 18%, ballon mortgage, etc.). I'm concerned with reprocusions of walking away. And and all advice would be much appreciated!