Originally Posted by PornMD

I decided to start the process on mine - apparently it's going to take quite a few months as it's a particular process dealing with some state Proposition regarding homes recently purchased that dropped in value. Funny though, here I thought my place was still probably in the $170k's and I decided to look up listings. There's an exact model match that's been listed for just under a month for freakin' $145k! The sales in the $170k's was just 3 months ago! My property has dropped nearly 50% in value in 2 years, jesus. And it's not like I live in a shithole - it's San Diego, arguably one of the most desireable places to live. Fucking sucks but at least taxes will be down and I'm going to try and renegotiate mortgage too since it's with CA's first time homebuyer program...hopefully better to try and get the govt to do something vs. a bank.