Posted on: 29th Jul, 2010 09:38 am
do you need to be current on your monthly payments before requesting a deed in lieu of foreclosure?
Hi Di,
You don't have to be current on your mortgage payments if you want to apply for a deed in lieu of foreclosure. Rather, you should be at least 2-3 months delinquent on your mortgage payments before you apply for a deed in lieu of foreclosure.
Take care.
You don't have to be current on your mortgage payments if you want to apply for a deed in lieu of foreclosure. Rather, you should be at least 2-3 months delinquent on your mortgage payments before you apply for a deed in lieu of foreclosure.
Take care.