We have posted detailed information on our website regarding deed in lieu scenarios vs. short sales. Interested homeowners seeking accurate information on the Short Sale & Deed-In-Lieu process can download a free report. This will enable them to better understand the details and consequences of two dignified solutions to an upside-down mortgage situation. Our team specializes in Short Sales and assisting homeowners in Ventura County, CA, including the cities of Camarillo, Fillmore, Moorpark, Newbury Park Oak Park, Ojai, Oxnard, Piru, Port Hueneme, Santa Paula, Simi Valley, Somis, Thousand Oaks, Ventura, Westlake Village and Leisure Village.
I would try to negotiate the short sale and even stipulate that the reporting state that the note was paid as agreed, banks are pretty negotiable these days.