A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...
My sister is having severe financial problems and hasn’t made her mortgage payments in several months. Her lender wants to foreclose but has given her the option of signing a “deed in lieu of ...
Amidst soaring interest rates and the recent swell in commercial real estate loan workouts, borrowers and lenders alike are increasingly considering an alternative to the traditional and sometimes ...
What Is a Deed in Lieu of Foreclosure? A deed in lieu of foreclosure is an arrangement where a mortgage servicer agrees to let the homeowner turn over the deed to the home when the homeowner can no ...