deed in lieu of foreclosure

Hi,

It will take several week's to notify mortgage company.


Thanks.

it's not a matter of notifying your lender - it's a negotiation you need to have with them. if you have a rationale for a deed in lieu, then your lender would take those points into consideration and either consent or deny the offer. yes, it will take some time. they'll want to be certain that it makes sense for them to agree with you that a deed in lieu is appropriate.