[jeffrey l]

high income but a foreclosure -we couldn't sell previous home? we had to move for work 3 years ago, bought a new home in the new location, kept up payments for one year on previous home as we tried and tried to sell it. Couldn't sell it so let it go back to the bank. Currently paying 6.8% and 8% on a first and second mortgage on current home, would like to refinance to lower rates. Will foreclosure prevent? All other credit is excellent except foreclosure. Have high income - low debt. Thanks very much.