too late to answer you? buy house in new area
and short sale the current one. once you bought the new house, you may qualify for short sale. I don't undestand why you want to take $200k lost instead of your downpayment loss. good luck.
and short sale the current one. once you bought the new house, you may qualify for short sale. I don't undestand why you want to take $200k lost instead of your downpayment loss. good luck.