Saturday, 24 January 2015

forclosuresis a deed in lue of forclousure a good option if I can not pay my mortgage

Question

forclosures

is a deed in lue of forclousure a good option if I can not pay my mortgage



Answer

Re: foreclosures

Possibly. It is up to the lender whether to accept. Contact a real estate attorney and a HUD approved counseling agency immediately to consider options.

Here is the HUD site http://www.hud.gov/foreclosure/index.cfm. Good luck.



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