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Get And Sign Deed In Lieu Of Foreclosure Form Texas

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Instructions and help about texas deed in lieu form

Hello and welcome to our Freebie Friday video. It's Sade here. I've been requestedthat i talk a little bit about the Deed-in Lieu of Foreclosureand the Deed-in Lieu of Foreclosure is essentially what it sounds likeIt says that " instead of a foreclosure, you give me a deed and then Iwouldn't foreclose." The lenders are usually the ones that offer this kind ofthing to homeowners that are facing a difficult time making their mortgagepayments and maybe they don't have any other options like a loan modificationbecause maybe there is no income at all coming in. The lenders would approachthe homeowner and say "Hey, why don't you give me the title the full title to theproperty back and then I will in exchange, not do a foreclosure on theproperty, and then you can just walk away. Well, this sounds good on the surfaceespecially for somebody that is simply trying to move on without worrying abouta deficiency judgment. Deficiency

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