[quote=sdrealtor]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.[/quote]

Thanks for the good news! I still worry about my confusion as to if my loan is recourse, and what that means in terms of the lender’s options.

Just curious, how did you dig up my particulars? I have a feeling that with all the info I posted about my situation you could do it somewhere. Should I be concerned about my privacy, especially with some of the jerks that lurk on sites like these?