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help with deed in lieu of foreclosure?

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Guest	Posted: Tue Oct 20, 2009 12:36 pm    Post subject: help with deed in lieu of foreclosure? Like 0 Dislike 0 Should I hire a consultant, ie, legal or mortgage professional to help me with a deed in lieu of foreclosure offer? I do have equity in my house and believe I will have little deficit, if any, when house is liquidated. thanks, lynn
jameshogg Joined: 20 Dec 2005 Posts: 10164 Location: Nevada 944.24 Dollars($)	Posted: Tue Oct 20, 2009 9:05 pm    Post subject: Like 0 Dislike 0 Hi Guest, You do not need to hire a consultant in order to apply for a deed in lieu of foreclosure. You can write a hardship letter to the lender and apply for a deed in lieu of foreclosure. Lenders generally accept a deed in lieu when you are delinquent on your mortgage payment. If you are unable to negotiate with your lender, then you can take the help of a real estate attorney to deal with your lender. Thanks

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