The decision to upgrade into a larger more expensive home in time to receive the $6,500 tax credit is turning out to be a steep hill to climb for many Americans. The trouble is that they owe more on their mortgage than the house is currently valued at and the market crash has totally wiped out any equity that they had.

Similar situations are being felt across the country. Homeowners are stuck in a home that they cannot sell without suffering a massive loss on the home. Additional frustration comes due to the deals that are on the market. These homeowners are find homes twice the size of theirs at half the price.

Americans are mad at the fact that they have worked so hard through one of the worst recessions to making every mortgage payment, and the payoff is a strangle hold, as they watched foreclosure signs dot their streets. The frustrations have even led to public outcries of “Where is the pay off for doing the right thing”.

A recent trend that has become popular over the past 18 months is the “Walk Away“. This is where a homeowner makes a calculated decision to abandon his/her home and mortgage responsibilities because the numbers on their current mortgage did not add up in their favor. This type of home surrendering has people on both sides of the issue mad. Once you take the moral dilemma out of the equation the base line argument become strictly a matter of numbers. The penalties for a “Walk Away” is measured against the thousands of dollars that homeowners would save over staying in their upside down mortgages.

With all of the incentive programs currently in place by the federal government to assist individuals who are delinquent on their mortgages; many are wondering where is the incentive program that repays hard working Americans for doing the right thing.