Posts Tagged ‘deed in lieu of foreclosure’

I sold a property 5 years ago on an OWC and the buyers defaulted and want me to take it back. Should I?

Wednesday, September 8, 2010 1:38 5 Comments

They said they would sign a Deed in Lieu of Foreclosure. I initiated the paperwork with a title company and now I’m just waiting for them to sign and return…and waiting and waiting. Is this a common scam to buy time? At what point should I go the full foreclosure route? P.S. Check This Out [...]

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I need help. An investor in Florida stole my identity and purchase two condo that is pending foreclosure?

Monday, May 17, 2010 8:59 4 Comments

IndyMac and Citifinancial did their investigation and found out that this was fraud and they stop the foreclosure proceeding and stop reporting negative notes on my credit report. The problem is I just received a letter from IndyMac’s lawyers asking me to sign a DEED in lieu of foreclosure. I do not know what this [...]

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The borrower's Deed in Lieu request and the lender's Notice of Foreclosure crossed in the mail – what happens?

Friday, April 30, 2010 18:20 3 Comments

The borrower sent an application package for Deed in Lieu of Foreclosure at the same time that the lender filed a suit for foreclosure. Both were done before the other was received by either. Does the liklihood of the lender considering or accepting the DIL change now that a foreclosure suit has been filed with [...]

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Can I get a mortgage right now after my deed in lieu of foreclosure?

Sunday, April 4, 2010 1:35 3 Comments

I just recently went through a deed in lieu of foreclosure onmy condo in FL secondary to having some family medical conditions that needed my attention in NH. I am able to afford a place right now with my fiance. I have no lates on my credit and my only blemish is the DILF. I [...]

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