I own a house, on an acre, in rural AZ. I owe more on it ,than it is worth, payments are 900 permonth, house is now vacant, I moved out, and bought another house,.
I can not, and will not keep making payments on that other house.
and I found out,,,...,. ARIZONA IS A NO DEFICIENCY STATE----
WHICH I HAVE HEARD MEANS, that you can walk away from a house, the lender takes it back, sells it, and the monies the lender looses, ,well, they cant come after you,.
credit is screwed up, but, you are free from that house,.,.,.