I have not had any clients get foreclosed on, so I cannot give you an accurate answer. Most people in that situation usually attempt a short sale on their property. We then get them approved and the liability is released from the homeowner. Plus their credit is saved from foreclosure. If this may be an option for you, you are moer than welcome to call me and I will be happy to discuss the process with you. Short selling is a much better option than foreclosure. Good luck!
Short Sale Specialist
Prudential Americana Group
Cell: (702) 203-6688
Please note that I am not a lawyer but I play one on TV. Contact a licensed attorney for actionable advice.