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Upside down
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February 14, 2010, in Selling

I'm in a 280,000 dollar mortgage (at 7.9%) on a condo that is currently worth 240,000. So I can't find anyone to refinance me and I can't sell unless I try a short sale and look for forgiveness from the bank. I can pay my mortgage monthly but I know I'm just throwing money at a black hole by doing so. I want OUT. Do I have any other options?

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