Re: Underwater mortgage & seeking advice.
09-28-2012 08:39 AM
Best of luck to you. I can't answer most of your questions, but I'm sure you'll get some good advice here. I realize you looked at other sources as well, but I just wanted to say that I would put little to no stock in what Zillow has to say. I had a condo in DC and Zillow was nowhere near correct. At the best of times, condos in my building were selling for around $410K. When we sold earlier this year, we had to sell for $367K. However, Zillow gave me estimates over the years anywhere from around $200K to upwards of $600K. Hopefully you're not as underwater as you think.
Thanks Walt_K, I'm hoping this does lead to some good advice. Just curious, what part of DC was your condo?