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Hi, thanks for your question. You should hire a lawyer for specific legal advice. No attorney client relationship is created here.
So, you filed chapter 7 and did not reaffirm, is what I can tell.
The mortgage is discharged. Generally, you can keep the home if you stay current on the loan payments.
You can talk to the lender to see what terms you can work out, you are free to continue to try loan modification.
Otherwise, do what you can to stay current, you may be able to refinance down the line (puts you back on the hook with the lender). Or you can sell, or you can walk away and not owe another dime.
See what the lender can do for you, then make your decision
is my best bet to stay for 6 or 7 months to accumulate cash and be able to rent an apt?
Is it better to be in negotiations with the bank , while I accumulate cash?
you can live there without paying rent until the foreclosure is complete
if you have a HOA you are responsible for payments until foreclosed
that is up to you
If you have any other questions, please let me knwo.
Thanks for your question, good luck.
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