I am married with no kids and both my wife and I file jointly and claim "0" for our W4 as she works as a teacher. 

The attorney is doing all the same steps of non-judicial, with the added joy of filing and getting the court's approval before and reporting back afterwards. 

You could buy the bank’s interest, then you’d be exactly where they are.....you’d have to file suit, which may or may not be successful, to have the property auctioned off, and split the proceeds accordingly.

Standard would be around 1-2%.

Thank you Chris, and I must admit that I was not aware that medical bills were treated differently . sadly, I lost everything , house, truck, and had to file BR in chapter seven which is discharged but being self employed puts me at thevbottom of the food chain for now.

I say that as someone who has in fact filed a title insurance claim over stupid stuff the previous owners did.

That is especially true with the tax law change that went into effect this year; the standard deduction nearly doubled, so the taxes you save by itemizing might be much less than they were in the past (in other words, because you are getting a larger benefit through the larger standard deduction the "cost" of not having the mortgage interest deduction might be less).I can see an argument for there being better uses for your money than to pay off a mortgage with a 5.5% interest rate (if you can make an investment that pays at least 6% for example), but if your quality of life will improve because you paid off your debt and are now "financially independent" then that is what you should do.

Go to the documentation link and download the redemption file.

@James Mc Ree Hmmmm, what address did you file with the state as the registered agent? 

File a claim.