Got a Summons from Capital One today!

[jacko]

I did the numbers and it made sense to let it go. I could not get enough rent to cover the mortgage and upkeep. Plus I don't want to be in the landlord business. Also, its worth $50,000 less and my ARM expires mid 2011.

Hey Jacko have you tried renting out your place and getting a mortgage modification to avoid foreclosure?