[homeowner2012]

Originally Posted by ScoopLV

My advice? Lock the door, mail the keys to whoever holds your mortgage, and move to North Dakota, where jobs are plentiful. Their unemployment rate is around 3% -- the best in the country. Nevada's is hovering around 13% the worst in the country.

That's what I would do if I found myself in your position -- no job and an unpayable loan, and a massive hit about to happen on my credit score. The top three states for employment are the Dakotas and Nebraska. If you're lucky, you know someone in one of those states who can help you get back on your feet.

It's hard to make a fresh start when you're squatting in Las Vegas, waiting for the inevitable to happen. If you move quick, you might be able to land a decent job before your credit score takes the whack from foreclosure.

We are trying to secure employment. Unfortunately we have had a lot of interviews but no success. We have thought about relocating but our family is here. Thank you for you advice.

[MR77]

My home goes up for auction tomorrow. It will have been almost a year since I stopped paying. Sorry to hear about your troubles.

[ScoopLV]

Originally Posted by homeowner2012

We are trying to secure employment. Unfortunately we have had a lot of interviews but no success. We have thought about relocating but our family is here. Thank you for you advice.

Your family, if they're reasonable, won't bat an eyelash if you choose to move where the jobs are. That is what's best for your immediate family. Waiting for foreclosure in a city where you can't find a job is contradictory to the needs of your immediate family. Furthermore, it only prolongs the inevitable. The mortgage holder WILL eventually foreclose. And then what?

Have you tried to answer, "And then what?"

You'll likely have to move anyway. Better now than later.

[homeowner2012]

Originally Posted by MR77

My home goes up for auction tomorrow. It will have been almost a year since I stopped paying. Sorry to hear about your troubles.

Sad but its life. Thank you very much. Sorry that you have lost your home too.

[homeowner2012]

Originally Posted by ScoopLV

Your family, if they're reasonable, won't bat an eyelash if you choose to move where the jobs are. That is what's best for your immediate family. Waiting for foreclosure in a city where you can't find a job is contradictory to the needs of your immediate family. Furthermore, it only prolongs the inevitable. The mortgage holder WILL eventually foreclose. And then what?

Have you tried to answer, "And then what?"

You'll likely have to move anyway. Better now than later.

Your right. I am going to give it another 4 weeks before we consider leaving Vegas. We are prepared to do so if required. I have been living in Vegas for 15 years. Jobs everywhere. Now.......there is nothing here. Got to stay positive