Negative Equity: How Many Loans are Underwater in Your State?

As the real estate market continues to decline you may feel the only way out is a short sale or deed-in-lieu (of foreclosure). Take note that the banks will try to make you cover any of their losses. Be certain to hire an attorney that is familiar with deficiency judgments because the banks will most certainly come after you for any losses.

http://www.creditsesame.com/blog/negative-equity-how-many-loans-are-underwater-in-your-state/