Gene it says you are an agent, so maybe you already know this - but just in case you do not - PLEASE PLEASE PLEASE read this before you just let your home be foreclosed on. Allowing your home to be foreclosed on DOES NOT release you from your obligations under the mortgage. The bank can still pursue you for the balance of the mortgage. I know a short sale is not a fun process but it can, in many cases, release you from the deficiency. http://www.lianejamason.com/featured/ask-a-realtor-should-i-short-sale-my-home/
I have a 100% success rate in getting my short sales closed - including with CitiMortgage.
Liane M. Jamason, Realtor
Jamason & Associates
KELLER WILLIAMS REALTY
cell: 813.486.4997 | fax: 813.856.3488
Search Tampa Bay Homes: http://www.LianeJamason.com