i owe more on my house than its worth right now but i gotta move for a job, is it even possible to sell it or am i stuck

Yes, you may still have options. Owing more on your home than its current market value doesn’t necessarily mean you’re stuck. One possibility is a short sale, where your lender agrees to accept less than the total mortgage balance when the home sells. You could also explore whether renting the property makes financial sense while you relocate for work. The best option depends on your loan balance, current home value, equity position, and your lender’s guidelines. I would recommend speaking with your mortgage lender and a local real estate professional before making a decision. There may be a way forward, even if selling feels overwhelming right now!

You're not stuck, Tobias. People sell underwater homes all the time. It just comes down to how the gap gets covered. First, pin down how big that gap really is. Get a payoff figure from your lender and a realistic price opinion from an agent who knows Amarillo, then take out selling costs. If the shortfall is small, some sellers simply bring cash to closing. Since this move is for a job, ask HR whether your relocation package helps with a loss on the sale. Some do, and asking is free. If the gap is bigger, a short sale is the usual route, where the lender agrees to take less than what's owed. It's slower and it'll hit your credit, so have a tax pro or attorney explain whether the lender could still chase the difference. Renting it out works too if the rent covers your payment. I'm licensed in California, so lean on a Texas agent for the local details. Alla Novytska, Realtor®, JohnHart Real Estate, DRE #02254775

Tobias, just because you owe more than your home is worth does not mean that you can remove the responsibility for the default balance, especially given you are currently employed. Your most appropriate option is to probably rent out the property. Keith Jean-Pierre Managing Principal The Dapper Agents Real Estate Operations in ALL 50 States

You are not necessarily stuck. First, have a local agent prepare a realistic market analysis and seller net sheet, then compare the proceeds after selling costs with your mortgage payoff. If you can cover the difference at closing, a regular sale may still work. If you cannot, ask your mortgage servicer about a short sale. This requires approval to sell for less than you owe, and you should obtain written confirmation of whether any remaining debt will be forgiven. Review potential credit and tax consequences before agreeing. Also check whether your new employer offers relocation assistance that could help cover the gap.