top of page

What is a Deed in Lieu of Foreclosure?

A deed in lieu of foreclosure is a conveyance of title to the mortgagee by a mortgagor in default to avoid a record of foreclosure. Also called friendly foreclosure.


Would you like to learn more about Real Estate? Have you ever wanted to become a Real Estate Agent? Want to know more about being a Realtor? Click on the link for the schedule of our upcoming classes for Real Estate: tocrres.com




Comfortable sitting room with brick fireplace
Comfortable sitting room with brick fireplace

3 views0 comments

Recent Posts

See All

Comments


bottom of page