Deed in Lieu of Foreclosure

Assure America Title Company is currently working with borrowers who are interested in conveying their properties back to the bank through a deed in Lieu of Foreclosure.

What is a deed in lieu of foreclosure? It is a deed in which a borrower conveys all interest in their property back to the lender or bank to satisfy a defaulted loan (mortgage) and avoid foreclosure.

There are 4 main advantages to the borrower!

1. Releases of Debt - The #1 advantage to the borrower is that it immediately releases him/her from just about all indebtedness to the bank/lender.
2. Public Eye -The borrower also avoids any public notices of a foreclosure proceeding
3. Generous terms - in most cases, the borrower will receive much better terms utilizing deed in lieu of foreclosure due to the bank's / lender's expense of a foreclosure.
4. Credit - A deed in lieu of foreclosure will have much less of a negative impact to your credit.

Times have become tough, we understand but owning a home in most cases is everyone's dream and just because you are on hard times today does not mean you should give up. Take the best action possible and do what ever you can to avoid foreclosure.

Since a deed in lieu of foreclosure has a lesser impact on your credit and your personal financial situation should eventually change as our economy recovers from it's recession, the opportunity of you owning that home again will be much greater.

For more information about utilizing a deed in lieu of foreclosure to avoid foreclosure...

Call us! 1-877-427-9696

REO Title Services

Assure America Title Company offers you specialized REO Team that understands the work involved in closing bank owned properties. Our dedication to providing the fastest and most reliable title searches in the industry, this allows you to close quick and right.

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