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Old 07-13-2010, 12:12 PM
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Default What is a "deed in lieu of foreclosure?
How does this work and what are some of the "side effects"? Can Anyone do it?
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Old 07-13-2010, 01:48 PM
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It means you sign the deed over instead of them filing a foreclosure on you. It is better for you credit rating.And you can only do it if the lender is willing to do this.
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