I don't want to sound overly cold hearted here but . . . When you signed a mortgage, it was promise to pay or you'd give up the property. I think the many schemes to hang on to something a person cannot afford do more damage then good.
When I was 20, buying a house was pretty much unheard of unless the youth was unusual and had a 10% -20% down-payment. I began the process of buying my first house for $12,000 and had to give a $3000 down-payment along with a 10 year mortgage at 14% interest. If I'd lost my job a year later - I would of had some equity, could of sold it, and at least broke even (or close).
You mention you were 20 when you "bought" your first home. Actually you didn't buy it. You took a mortgage and promised to pay for it eventually and THEN you'd own it. Your name may be on the deed and tax bill, but the mortgage holder is basically the owner.
Getting ejected from where you live is no fun regardless if you have a mortgage payment or rent payment - but if you did not keep up your end of the bargain - seems the bank ought to get back IF they want it.
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Today's Featured Article - Hydraulics - Cylinder Anatomy - by Curtis von Fange. Let�s make one more addition to our series on hydraulics. I�ve noticed a few questions in the comment section that could pertain to hydraulic cylinders so I thought we could take a short look at this real workhorse of the circuit. Cylinders are the reason for the hydraulic circuit. They take the fluid power delivered from the pump and magically change it into mechanical power. There are many types of cylinders that one might run across on a farm scenario. Each one could take a chapter in
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