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Deed in lieu of foreclosure and first and second?
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We owe 150,000.00 more than our home is worth now. We are considering letting the mortgage company have the house back. Is there a way to contact the first and second mortgage holders and just give them the house back and they would not have to spend any money on the foreclosure process? We...
With yes or no for a deed in lieu .I still got to go
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: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...
Deed and lieu or deed in lieu
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If you are in trouble with your mortgage company, and will not be able to make your payment because your payment has went up by 578.00, you ask the company for help and they suggest short sale or deed and lieu. What does that mean and how do you procees at this point. Do you just turn over your...
Is deed in lieu of foreclosure my only way out
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I was going through nasty divorced when asked by friend if I could help out his house Was being foreclosed on.Agent for bank contacted me who I knew I told him I did not Want to do this. He invited me to restaurant where after few drinks I was handed papers To sign.I told him I did not want to... View more questions Search
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