You are legally responsible under the loan for the home that you purchased pending any foreclosure sale by the lender of the security (the home) for the loan that you received.Unfortunately, there is nothing that you can do with respect to the home that you are writing about to get you off legal title to it other than transfer title to it to some third party. By doing this, you are still obligated under the loan. Until the secuirty is foreclosed upon or you transfer title of the property to the lender by "deed in lieu of foreclosure" you are still obligated on the loan.I suggest you consult with a real estate attorney further about your matter to see what else can possibly be done to resolve the situation that you are presently in concerning your property.