Get a lawyer, negotiate with lender for Deed in Lieu

来源: gchai 于 2009-11-02 11:42:45 [] [博客] [旧帖] [给我悄悄话] 阅读数 : (326 bytes)

Deed in lieu (google if you don't know what it means) is better than foreclosure, and it also buys you more time while negotiating.

If your loan is purchase loan (not refi), they can't come after you for deficiency. If it's refi, that's why you need lawyer to negotiate to make lender waive deficiency judgment.

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