:eek: Got to move for a better job and income next month ,I could't sell the house in a short sale it was in the market for a 1yr and for a rent ,the paymnet is to high( $1700 ) the house value is 199k in the market now , I was brought it for 260k , and at this moment I can pay the house with out a problem and never miss a pament.. im detremine to leave with a yes or no agreement with the bank.. :cool:


if deed in lieu is not accepted by the bank beside a bad credit what consequences can happened?:rolleyes:

Hello M:

They can sue you for the difference between what they sell it for, and what you owe.

excon

I still hear stories of the deed in lieu being accepted somewhere for somebody, But if they would not accept a short sale, it is not likely they will not take a DIL.

But all you can do is ask to see if they will