You will have to bring some cash to the table, but why do you want to continue paying insurance, property tax and mortgage on a property that isn't being used for anything?

Both my husband and I work and both bring in income but I am crunching my numbers and doing this solely on my income/debts alone- this way I am assured that I can afford this.

Having just finished last week, you're supposed to be bringing me better news!

We just literally couldn't afford to bring a check that big to closing.

I had a chat with our "Mortgage Specialist" today and she indicated no change {and was disappointed I was not bring her another one}.BTW: One other point about RBC.

One other theory that I have is that the more heavy things a tenant brings into the rental like refrigerator, washer, dryer, grand piano, the longer they stay because they know how hard it is to move all that heavy stuff again to another place.

@Alissa SabbeThank you for bringing this subject up, because as a newbie, I want to know of all the advantages of the field I'm in!!

What's a good interest rate, terms, etc that would bring note buyers to the table?

If so, and there is equity and the HOA fees are not a deal breaker, then focus on getting the lender to accept the back payments and fees necessary to bring the loan current and stop the foreclosure.I think it is unlikely you could settle with the collection agency tomorrow (but worth a try!).

You might want to bring that up the next time you talk to your title co.