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DIL

Posted on: 04th Jul, 2010 01:43 pm
I have been fighting with the bank for about 1 year now for a loan modification due to late mortgage payments. Now I am so fed up with them dragging their feet I want to get rid of the house. How do I go about filing for a Deed In Lieu?
hi johny,

you can contact the lender and apply for a deed in lieu of foreclosure. in order to do so, you need write a hardship letter. depending upon your financial hardship, the lender will let you know whether or not he would accept your request for a deed in lieu of foreclosure.

thanks
Posted on: 05th Jul, 2010 11:53 pm
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