I recently lost my job and can not afford my monthly payments anymore. Have paid off about a quarter of my loan so far but now I am thinking about ging to the bank and telling them I just want to give it up and start fresh,with no loan,cut my losses. Dont have the time or energy to deal with selling cause it might take too long and I dont want a bad credit rating either... Is there anything I should know, that they might not tell me in the bank? Would they pay me anything in case they sell it for more than I owe to them? Value of the property should be the same as it was when I bought it. Any pointers would be appreciated!