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We do Deed in Lieu of Foreclosure!
We
specialize in
Deed in Lieu of Foreclosure.
FREDERICK DAVID & ASSOCIATES are Certified
Civil Court Mediators who will
represent you in the
mediation and resolution of all issues
relating to your Short Sale.
Deed in
Lieu of Foreclosure
definition:
A Deed in
Lieu of Foreclosure is usually for the purpose
of deeding the house back to the bank so as to
stop any further costs to the home owner,
associated with the pending foreclosure
action, especially to avoid legal fees which
will accrue once the file is given to legal.
However, after the bank reviews the file, they
will often request that a Short Sale be
attempted, prior to a willingness to a agree
to a Deed in Lieu.
We
will be happy to discuss your options as well
as to represent you in qualifying for the
program best suited to your situation.
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