What will happen if i walk away frome my home?

misha

New member
my husband and i have a condo in sunrise,fl. we paid 129k for it. it is now worth 45k. the building has mold and there ar people living there that are not paying for maintenance and the building is one month behind on the water bill. the bord is thinking of turning it over to the state. if we turn it over to the state we will have to pay an assessment and there are people that still have not paid the last one we has two years ago. we have one resident that owns 22k in back maintains alone. we have the money to pay the mortgage,but the place is a mess. what do you guys recommend?

P.S.Any advice is better than no advice.
 
You need three things.

Home insurance
Gasoline
Matches

haha kidding but ya know... you're not in good shape there
 
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