I live near Victorville, Ca. I am updown by nearly 125k in my house. I looked into a loan mod and they said I would still be short about $800 a month to take care of my obligations. I will soon begin to become default on my payments due to a job loss and a cut in my wife's income due to these wonderful furloughs. With that said there are foreclosures and short sales. Since I don't think we will be able to keep this house which would be the less of the two evils? The homes in this area don't seem to be moving. I hope I didn't put anyone to sleep with this.