You seem knowledgeable about m

You seem knowledgeable about mortgages. I'd like to tell you my situation and get your opinion. I lost my job in Nov 2006. Sold my home and moved to a new city for a new job, where the house cost twice my previous house (rural vs. urban for the same size house) Lost that job after one year. Listed house. Moved to tiny house my husband owned before we got married until that house sold ($50,000 house vs. $300,000 house) $300K house has been for sale since Nov 2007. We have it listed $80,000 less than every other house in the neighborhood and still no buyers. We had it rented for a year, but they trashed it and we spent $10K fixing it back again. Total, we have $303K + $25K in renovations in the house and its listed for $279K. We have another baby on the way and have struggled to make every payment, but we have never been late on a bill. There is no light at the end of the tunnel. There are no buyers. We don't know what to do. Our expenses are about to increase again with the new addition and we are living in a tiny house with no space an hour from the old house and can't move back to the old house bc. of our new jobs. Should we stop paying? Should we try for a short sale (we are upside down on the mortgage bc values have dropped)? Should we try for a deed in llieu? Do we pay for both and live in misery for years to come?!?! What do you think? The saddest thing is that if we lost our jobs (again), lived in the house, were getting a divorce or were dealing with a terrible sickness, there are programs available to help us...