If the lender suffers a loss on this resale, the lender get file for a deficiency judgement against the borrower personally (he has signed a personal loan guarantee).Even after the foreclosure is initiated, you can decide to cancel the foreclosure and re instate the loan.

Only time that would come into play is if I were to file a judgement for non-payment to get reimbursed for eviction costs.  

Having no liens, judgements, or foreclosures5.

I can go on but that should be enough for you get the picture.If you can not make the payments on your own, borrow from a relative, sell now, or contact @Matt Castle for the names of lenders who may help.You only have 8 months of mortgage payments left to make due to your lack of knowledge and bad judgement.

When you get pre-approved for financing and meet with a local real estate agent, you should get a pretty good breakdown of what these costs will be.Regarding title, you'll want to look out for any liens, judgements, code violations, open permits, etc. against the property.

This applies to every investment. for those starting out there is no way they are going to get around personal guarantee's unless its seller financing and seller is not too aware ( which is often) so maybe not a monetary risk but certainly a fico risk and risk of a judgement against them personally.. 

If you have insurance, or property with equity in your name, a judgement against you could force you to sell and pay them cash for medical claims.

The market has cooled overall and many places are still priced very aggressively upfront, so use your judgement with agent input (if you trust them and they're on board with your approach).

The maximum judgement you can get in NH from LT Court is $1500.00. 

Let them know that having an(other) eviction filed plus a judgement for the damages they have caused will make it far harder to ever get in anywhere else, so being gone within however many days notice you have to give would be to their benefit.