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My daughters' family bought property in New Braunfels, Texas last year and a manufactured home to put on it. Her husband has since transferred jobs and they had to move to South Carolina. Problem is, they can't sell for what they owe and can't afford the $800.00 a month payments. The realtor has found renters, but they can only pay $600.00 a month. The realtor wants $600.00 up front plus 12% of the monthly rent thereafter! She tried talking to the finance company, to no avail. What would be the repercussions of just walking away? The "stress" is tearing her family apart and I can't help believe that if they just walked away, they would at least be able to see an end to this mess in sight. When the house is sold in foreclosure, is the balance owed due in full, or do they have to make payment arrangements? Any advice would be greatly appreciated. Thanks