How to Sell a House That’s Underwater: Here are the Best 6 Options

One unexpected setback, like losing your job, taking a pay cut, or watching home values drop, can leave you wondering how you’ll keep up with your mortgage. If you owe more on your home than it’s currently worth, the situation can feel even more overwhelming, especially if you’re already struggling to make payments. If you’re trying to figure out how to sell a house underwater, you still have options, even if the road ahead feels uncertain. What's Your Home Worth? Request an instant home value estimate to for a ballpark estimation of how much equity you have before selling a house with a mortgage. Before panic sets in, it’s worth knowing that there are professionals who can help you explore your options before things get worse. “People need to understand that they should call first and ask for help instead of beg for forgiveness later,” shares top real estate agent Billy Alt, who sells 65% more single-family homes than the average Las Vegas agent. The sooner you reach out for help, the better your odds for financial recovery. In this extensive guide, we’ll outline your options for taking control of a home that’s worth less than you owe, including: Staying in your house to build equ...