You may have much better options than you think. It is possible to quit claim the property and you wouldn't pay anything to the bank, but you may have ways to make money in the process instead of just walking away. Consultations are free, and can be done over the telephone, but details on your situation I believe requires additional knowledge about your foreclosure case status, additional liens that may be in place and what value the property has.
Answered on May 08th, 2014 at 10:27 AM