[ballstothewall]

I am currently working with a local agency to help save my home. I just got the final paperwork to show me what i will be paying. the problem i have is that the mortgage co. has raised my principal balance more than $20,000 over what the principal was before i started having trouble paying. Now my home is currently only worth $110,000 and my original principal was $131,000. I think it would be stupid for me to agree to this loan that is $40,000 more than it is worth. I thought these programs were there to help people in need not set them up for failure. what if i have to sell in the near future. they expect me to take a huge loss. how is that helping me.