ask the consumerists

Unexpected Work Transfer And An Upside-Down Mortgage Create Sticky Financial Situation

Unexpected Work Transfer And An Upside-Down Mortgage Create Sticky Financial Situation

In a secure profession that very rarely requires people to relocate, John made what seemed like a pretty solid financial decision. He and his wife bought a house. He tells Consumerist that this seemed like a great idea until his employer transferred him (involuntarily) across the country. He left behind his wife, who works in the same field but was not transferred, and the house, on which he is upside down. This has left the couple in a nasty financial situation they never anticipated. He wonders: can the Consumerist hive mind offer him any wisdom? [More]