Carol the bank will not buy back you house from you without going through the foreclosure process which clears teh deed of any liens. At this point you should call your bank and ask for teh home retention department, if you want to save it and have the ability to pay something ask for a forebearance agreement or a loan modifciation. If you jhave no ability to pay or do not want it, ask if you can complete a short sale, if you just want to give up your house ask for a deed in lieu of foreclosure. This is where you can sign your house back to them , but there is no sale. Everything depends on how close the foreclosure auction is.