All Posts Tagged With: "deed in lieu of foreclosure"
Why Foreclosure Prevention Is Not Enough
Fannie Mae has opened a new consumer education site which it says “outlines the choices available to homeowners who are struggling with their mortgage payments, and provides guidance on how they can contact and work with their mortgage company to find solutions.” The site, Know Your Options.com, has the usual bells and whistles for a [...]
3Aug2010 | Peter G. Miller | 0 comments | Continued
What’s A “Deed In Lieu” Of Foreclosure?
There were more than 3.5 million foreclosure notices sent out last year, a total which does not include homes lost with something called a deed in lieu of foreclosure. What is a “deed in lieu” of foreclosure and is it good or bad? Good & Bad In basic terms, a deed in lieu of foreclosure [...]
6Jan2010 | Peter G. Miller | 0 comments | Continued
Can I Give My Lender A Deed-In-Lieu Of Foreclosure?
Lenders are not required to accept a deed-in-lieu of foreclosure — they want their money, not the house. That said, some lenders — but not all — would be willing to accept a deed in lieu of foreclosure. Alternatively, you may be able to get a loan modification such as a longer loan term, a [...]
28Aug2008 | Peter G. Miller | 0 comments | Continued
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