A deed in lieu of foreclosure allows you to avoid foreclosure by giving your lender the deed to your house. A deed in lieu can do less damage to your credit than a foreclosure but means you need to ...
Amidst soaring interest rates and the recent swell in commercial real estate loan workouts, borrowers and lenders alike are increasingly considering an alternative to the traditional and sometimes ...
A mortgage debtor assumes a double risk: the risk of losing the mortgaged property for a default under the obligation secured by the mortgage, plus the risk of being saddled with personal liability ...
Short sales and loan modifications have grown to help offset foreclosures, but banks are also turning more to deeds-in-lieu of foreclosure. Slightly more than 20,000 deeds-in-lieu of foreclosure ...
If you’re a commercial property owner facing the threat of foreclosure, or just skimming headlines you’ve likely seen the phrase “giving back the keys”. Although this expression may sound like an ...
The deed in lieu of foreclosure was filed Friday with the D.C. Recorder of Deeds. One of D.C.'s oldest fine-dining restaurants is closing Prominent Alexandria office building to be sold at foreclosure ...