Our dedicated team of Attorneys can help you decide whether a deed in lieu of foreclosure is the right option for you. Generally, through a deed in lieu of foreclosure, the deed or title to the property passes from the homeowner(s) to the Lender directly. The Lender also waives its rights to any personal deficiency.
However, the Lender must agree to this option and there must be no liens on the property. This is where M & A Law Firm can help you. We will explore options available, and if appropriate, negotiate hard on your behalf. Call us at 847-786-8999 for a free Consultation.