Deed In Lieu Of Foreclosure

A “deed in lieu of Bank REO Bank Foreclosure – REO” literally means that the lender will take the deed to a property “in lieu” (i.e. instead) of foreclosing on the loan when a borrower is unable to continue repayments……

Carlos Sagastume
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Posted by on February 4, 2007. Filed under HUD Homes. You can follow any responses to this entry through the RSS 2.0. You can leave a response or trackback to this entry

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