Posted on: 15th Sep, 2009 09:05 am
1. do i have to be delinquent to be considered for a deed in lieu of foreclosure
2. if so, how many months
3. what are the consequences to my credit score if i do complete a deed in lieu?
2. if so, how many months
3. what are the consequences to my credit score if i do complete a deed in lieu?
Most of the lender will look at your loan onl if youare deliquent
How many months will vary from lender to lender
And for sure it will have big impact on your credt
Probably you will loose 300 points
How many months will vary from lender to lender
And for sure it will have big impact on your credt
Probably you will loose 300 points