Thank you so much for your advice. I will surely give it a try. Thanks again!
I would disconnect the hardrive first and try getting the system to post. If it does, then you probably have a hardrive failure. You can find a new or used hardrive on craigslist. I recommend a retail boxed sealed unit. The retail box provides more protection during shipping so you are less likely to get a damaged drive. I buy from frys electronics, which sometimes beats newegg.