Lenders don't want to foreclose. Ask your Lender for their "Short Sale" package and you will need to write a hardship letter and disclose your financial situation. List you home as a Short Sale in the MLS with a Realtor who has some experience in Short Sales. You can usually stall a foreclosure once you engage an attorney to act on your behalf.
Jim Soda 941-809-7759
Prudential Palms Realty
Sarasota-Lakewood Ranch-Longboat Key