What Is A Deed In Lieu of Foreclosure?

What Is A Deed In Lieu of Foreclosure?

Foreclosure
Have you been served with a Summons and Foreclosure Complaint by your lender? You have several options, depending on whether you would like to keep your home or walk away. A deed in lieu of foreclosure is one of the options available to you if you decide to hand over the keys to your property to the bank. You should consult with an experienced foreclosure defense attorney to discuss your legal rights and all of your options before making a decision. One of these options may be to challenge the bank’s right to foreclosure based on various legal strategies and affirmative defenses. An experienced foreclosure defense attorney will discuss whether other options such as a mortgage modification or a short sale may be a better option depending on your specific…
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