Hello again Brick. Most important question that will help us all is this: even thought you are upside down...can you afford to make your payments? If so then stay in your home and don't foreclose. If you can't you should try calling your bank and seeing if you can adjust the loan. Do everything you can to avoid foreclosure. It's better for you...for your family and for your community.

Since you're asking the question I'm going to assume you can not and give you this advice. Contact an attorney who specializes in foreclosures and distressed properties. You now have roughly 7 people telling you to do this and I think that is a great start.

Be careful with answers from out of state as each state has different rules. But really this is getting into a legal matter that most agents should be careful answering without all of the facts in front of them.

I think you have your answers. What are you going to do if you can't make your payments? CONTACT A REAL ESTATE ATTORNEY WHO SPECIALIZES IN FORECLOSURE AND SHORT SALES!!

The first question I have is are you deliquent on your payments or are you just upside down on your loan amount. If you are upside down and you need to lower your payments there may be some solutions for you. I guess I need a little more information about your current situation please.

David Cruickshank
Ardain Mortgage Corp
847-354-5455