Sell without loss?

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MustSell

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I am in a position where I must sell my home which, with mortgage and home equity loan, put the probable selling price at negative equity.
I have some savings which could be used to pay the banks the money I will need to divest myself of the house, but when I do, I will be left with practically no money to live on after retirement.
I have heard of 'debt forgiveness' which might be negotiated for the difference between what is owed and what I receive for selling the house, but then most of my savings will be lost.
Is there any way to resolve selling the house without losing all my savings?
 
Is there any way to resolve selling the house without losing all my savings?That will be up to you and your lender. You need to see with them what they are willing to do in order to avoid incurring losses on their end. Negotiate, negotiate, and negotiate is my advice. Good Luck!
 
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