[The Captain is CoCoPuffs!]

...house to avoid foreclosure? I heard a person can surrender the keys to their home and sign the deed over to the mortgage lender to avoid foreclosure. Is this true? I guess this is seen on teh credit report still as a foreclosure, but it saves the lender some cost and you don't go through as much pain and they forgive the debt. is this true???

[Komaraconsulting]

You sure can. Its called a Deed In Lieu and your lender will even help you do it if you let them know. You will have to list your house at fair market value for 90 days. Call your lender and fight out if there is anything specific that they might require.