You should call your bank and ask them. They should tell you.
However, you may have other options. We have postponed many auctions to proceed with the short sale of a house. A short sale would keep foreclosure off your credit. Furthermore, we may be able to get you relocation money, if you qualify. We are a professional short sale service and would be happy to explain the process to you. Please call us directly to discuss your specific situation. Our services are FREE for homeowners.
Eli Givoni, Director
Short Sale Department, LLC
MARS Disclosure for General Commercial Communications
Short Sale Department, LLC is not associated with the government, and our service is not approved by the government or your lender. Even if you accept this offer and use our service, your lender may not agree to change your loan. If you stop paying your mortgage, you could lose your home and damage your credit.