Brian
I checked your property and you are very very very fortunate in one regard. You refinanced into a single loan and got rid of the Nat’l City/PNC second. They are the nastiest most miserable to deal with. You now have a single loan which limits your lender to one action if you stop paying which would be foreclosure and then they couldnt come after you. National City/PNC on 1sts is very very slow and you will likely be in for a 6 month ordeal or longer. Make sure they provide you with a full release as they should. I have gotten them for clients.

More than anything, have a drink and toast your good fortune in getting rid of the 2nd. If you hadnt they would have given you two options-keep servicing the debt after close of escrow or come up with about 50 cents on the dollar to settle.

And based upon who listed your property I would encourage following Sd Realtor’s advice also.