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“Deed For Lease” – Alternative to Foreclosure

  As an alternative to foreclosure,  Fannie Mae will now (as of November 2009) allow homeowners (who qualify!) to remain in their homes,  renting,  as tenants… for a year.    Month by month extensions are an option (although not  guaranteed) after the first...

Deed-in-Lieu

There are many questions surrounding the deed-in-lieu of foreclosure, so here are some answers. A deed-in-lieu of means that the borrower conveys all interest to the lender in order to satisfy the loan that’s in default and avoid foreclosure. This process is...
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