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DeVonne Batts, MBA, Realtor
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- Upper Marlboro, MD
- United States
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Deed in Llieu of Foreclosure
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Started this discussion. Last reply by Brian Turner Feb. 16, 2009.
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DeVonne Batts, MBA, Realtor | Keller Williams Preferred Properties | 240-737-2802
3101 Southern Ave #38, Temple Hills, MD
Lovely Temple Hills Condo for sale. Not a short sale. This 2 bedroom / 1 bathroom condo awaits you. Close to Metro…
Awsome video, I'm so proud to be a part of KW!
Click here to check out a rental at the National Harbor!
Want to learn how to start a business, but don't have a clue of where to begin. Join the group to get some tips and share some resources
A good way to get information on franchises is to attend a franchise expo in your area. At the expos you can talk to franchise representatives from a variety of companies.
Before attending, I recommend that you do some research about the different…
I’m not really sure that I agree with the President in this case either. Although I understand that the best time to buy stock is when they are undervalued. I also understand that the President is trying to instill confidence in the market. But sinc…
After looking everything over, I would recommend these options to my clients:
1. Modification
2. Short Sale
3. Deed in Lieu
It doesn't make any sense to do a deed in lieu before trying a short sale.
Deed in lieu is generally the last option. The bank prefers 1)
attempted loan mod then 2) attempted short sale and if those fail
lastly 3) deed in lieu which can take up to 2 weeks to get done -
depending upon the servicer for the loan.
How is the Seller's Credit Affected with a Short Sale and Deed in Lieu?
According to David Steep, division manager at Vitek Mortgage, Sacramento sellers, as well as sellers in other states, will take as big a hit on their credit report by going thr…
A Deed in lieu of foreclosure is an instrument in which the borrower conveys all interest in a real property to the lender to satisfy a loan that is in default and avoid foreclosure proceedings.
The deed in lieu of foreclosure offers several advant…
I haven't had any clients do a deed in lieu, but have heard a lof of folks say they would do one. But my question is, why do a deed in lieu when you can do a short sale? Is one better than the other??
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Affordable Condo for Sale in Temple Hills, MD
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Posted on August 8, 2009 at 12:39am —
Comment Wall (1 comment)
- At 10:32am on February 15, 2009,
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