Home Selling in 20152>Question Details

sondraw1120, Home Buyer in Virginia Beach, VA

If you do a deed in lieu of foreclosure or a straight foreclosure, will the lender pay you a moving fee of $2500 or $3000?

Asked by sondraw1120, Virginia Beach, VA Thu Jan 30, 2014

Help the community by answering this question:

Answers

1
In my experience with foreclosures, the deed in lieu let's you out of the mortgage without any type of compensation. This is in no way the rule or exception as all banks handle foreclosures and deed in lieu proceedings differently. I can tell you more about my experiences with foreclosures over the past 10 years if you email me.
0 votes Thank Flag Link Thu Jan 30, 2014
Search Advice
Ask our community a question
Email me when…

Learn more

Copyright © 2015 Trulia, Inc. All rights reserved.   |  
Have a question? Visit our Help Center to find the answer