Hi all. Im new to this forum and desperate for some advice. I bought a home in 2008 for $475,000. Current mortgage is $330,000. Had it appraised....it's worth roughly $98,000. It's in an awful neighborhood that has only gotten worse in the last few years. I was attacked during a visit to the house, my husband had knee surgery and cant go there (because he can't run). I'm afraid of our tenants, afraid to evict them because people will break in and rip out the copper pipes. We purchased the home in March 2008 getting a WF mortgage and the house appraised. The sellers bought the house in Nov 2007 using a rehab loan, WF appraised it on February 2007 for $220k. Long and short is we should have never bought this house. We've tried to do the right thing with this house but it's become a security risk (one of our tenants was killed a month ago). We need to walk away. I called WF and thet said we could apply for a deed In lieu. My concern is we dont have a financial hardship and we have assets, minimal debt. WF has asked for a lot of financial data, I'm afraid to share. We only just stopped paying the mortgage this month. I consulted an attorney who advised me to stop paying, collect rent and let it foreclose. Our down payment was more than the house is worth but I have no interest in recouping any of it, I just don't want the house anymore, we can't keep it. What do we do? I'm afraid of wage garnishment, the attorney told me they wouldn't do that but we make good income. Any advice?