Tuesday, 20 January 2015

Is there a way to give our house back to Beneficial without waiting for a foreclosure to begin?

Question

Is there a way to give our house back to Beneficial without waiting for a foreclosure to begin?



Answer

They may accept a deed in lieu of foreclosure if there are no other liens, mortgages or attachments affecting the premises.



Answer

Mr. Weicker is correct. Contact Beneficial and offer to give them a deed in lieu. You can also put the property up for sale and seek to complete a short sale.



No comments:

Post a Comment