Was it at all helpful? Did you get the answers you needed? What was the outcome? or are you still facing foreclosure? Please update this post and let me know how things turned out. Thank you!
Before doing a Deed-in-Lieu, your best option is to get with a Pre-foreclosure Specialist and conduct a Short Sale. It's also the right thing to do. But you better hurry, it sound to me like you don't have much time. Feel free to contact me if you'd like to discuss your options more in detail.
Keller Williams Realty