Money Pit?

imagesASKQ8X0WThat nice little home has become a money pit and you don’t know how to get out.  You are upside down on equity and cant afford to fix it. This is a bad spot to find yourself in.  If you do the wrong thing you will just make it worse.  I think that the priority in this situation is having a place to live.  I wouldn’t just leave out without a plan and rent.  With poor credit you will have a difficult finding a decent house to rent.  So stop and think.  Do not panic as you still have a roof over your head.  The things you have to fix need to be prioritized and tackled in a logical manner.  If you want a Home for Life then you have to start today.