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what are the requirements of countrywide deed-in-lieu

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Icon Mini Profile marklavender1





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Post Posted: Tue Dec 08, 2009 4:50 am    Post subject: what are the requirements of countrywide deed-in-lieu
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what are the requirements of countrywide deed-in-lieu
Icon Mini Profile savior70





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Post Posted: Tue Dec 08, 2009 5:03 am    Post subject:
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Hi,

There are no specific requirements for a deed in lieu. It depends on your individual situation whether you would get approved for it. A deed in lieu is a loss mitigation option. Lenders accept this option only when they think there is no other option available to avoid a possible foreclosure.
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