[Sal]

...cash help me get another mortgage sooner? I haven't paid my mortgage for almost a year, and I've been unemployed Short about $19K. CitiMortgage sold my loan to NationStar and now they want me to take an action. I don't want the house anymore since NationStar will not do a principle reduction but some temporary payment plan then a fixed plan with a lower interest, while the house remains financed at 220% higher than it's worth. I heard that with a short sale they can come after me later and garnish my income and other things? Is deed in lieu better for me so that they don't come after me later? And if I went with it, how long will it take me to apply for another mortgage? What if I applied for a mortgage and came up with 20-30% cash as a down payment, will it get me a mortgage in a shorter time and easier? And, what interest rate would I likely to get? Thank you.