What is A Deed In Lieu of Foreclosure - How Does A Deed In Lieu Work?

Courtesy of Arizona Short Sale Office.
Deed In Lieu of Foreclosure Arizona Short Sale Office will negotiate with your lender to accept and allow YOU THE HOMEOWNER to sign your home back over to the bank rather than allowing it to go into foreclosure and allow your debt to be forgiven.   It’s a win-win situation for the […]

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As Foreclosures Rise, Investors Pull Back

From the New York Times:
WASHINGTON — Defaults on home mortgages touched another historic high late last year as foreclosures on adjustable-rate mortgages surged, an industry group reported on Thursday.
The Mortgage Bankers Association reported Thursday that loans past due or in foreclosure jumped to 7.9 percent of the total in the fourth quarter, from 7.3 percent […]