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Deed-in-lieu of foreclosure is the transfer of title from a borrower to the lender to satisfy the mortgage debt and avoid foreclosure. Deed-in-lieu of foreclosure is also called a “voluntary conveyance.”
This is a blog post for Real Estate Professionals, Investors, Landlord, Property Manager, and Property Management Companies. Deed-in-Lieu of Foreclosure is brought to you by SimplifyEm Pay Rent Online and Property Management SoftwareYou might also want to read:
- Landlords and Real Estate Owners Guide To Friendly Foreclosure Friendly foreclosure, also known as a deed-in-lieu of foreclosure takes place when a landlord or real estate owner voluntarily gives the foreclosing lender or its servicing agent a deed to......
- Having trouble making home loan payments, Tap into Uncle Sam’s Home Affordable Foreclosure Alternative Program (HAFA) The Home Affordable Foreclosure Alternatives (HAFA) Program provides additional options to avoid costly foreclosures and offers incentives to borrowers, servicers and investors who utilize a short sale or deed-in-lieu (DIL)......
- Deed in lieu of Foreclosure under Home Affordable Foreclosure Alternative Program (HAFA) The Home Affordable Foreclosure Alternatives (HAFA) Program provides additional options to avoid costly foreclosures and offers incentives to borrowers, servicers and investors who utilize a short sale or deed-in-lieu (DIL)......
