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Grant Deed in Lieu of Foreclosure documents in hand

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pameladmm Joined: 14 May 2010 Posts: 1 1.00 Dollars($)	Posted: Fri May 14, 2010 9:20 am    Post subject: Grant Deed in Lieu of Foreclosure documents in hand Like 0 Dislike 0 What type of wording/language is needed in a grant deed in lieu of foreclosure that eliminates me from title and mortgage obligations?
adonis Joined: 22 Oct 2005 Posts: 10574 Location: ALASKA 1090.82 Dollars($)	Posted: Sun May 16, 2010 9:10 pm    Post subject: Like 0 Dislike 0 Hi pameladmm, In case of a deed in lieu of foreclosure, you won't be liable for the deficient balance resulting from the sale of the property. The lender forgives the dues. I don't think you would require a special deed for this purpose. _________________ Procrastination is the enemy of your financial success

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