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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 | | 0 comments | Continued