Deed In Lieu Of Foreclosure Should Be Every Homeowner’s Last Resort

If you cannot afford your home and have tried all other possible options, then you have reached a point when the foreclosure is unavoidable. Such situations lead to a Deed-in-Lieu of Foreclosure (DIL), which is basically a situation when a homeowner voluntarily gives the property ownership to the mortgage company in order to be released ...

New Mortgage Loan Modification Program: A Give & Take Solution

With a staggering percentage of home owners behind or in foreclosure, the loan companies have a serious problem. Simply foreclosing all of the properties is not always the best solution, in fact, the mortgage company really doesn't want to do this. It is an extremely expensive and painstaking process. But on the other hand, if they ...