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View Full Version : Is it a good idea to deed property back to bank,when home is abount to go into forclo


jaime olvera
Dec 28, 2007, 11:43 AM
I have a relative facing forcloser I was wondering if it woul dbe better to deed property back to bank would it help him a s far as his credit report. Thanks

excon
Dec 28, 2007, 12:16 PM
Hello jaime:

It doesn't make any difference. The bank will continue foreclosure proceedings.

excon