The Deed in Lieu of Foreclosure is a process wherein the property owner may voluntarily transfer their title to the property to the lender instead of a full foreclosure. The process can be completed in a few weeks instead of months. You may be able to save time and money hiring us to assist you in the process.

Depending on the condition of title, there may be benefits to both the borrower and the lender. We assist the foreclosing lender in obtaining the title information necessary to determine whether the lender should accept the Deed in Lieu of Foreclosure. We will assist the lender in processing the transfer of title through the Deed in Lieu process instead of a full foreclosure.

Is your borrower interested in deeding the property to you to avoid foreclosure? Instead of going through the full foreclosure process, the title holder can execute a document called Deed in Lieu of Foreclosure transferring ownership of the property to the lender if certain conditions are met. Before transferring the property, the condition of title will need to be reviewed to see if the deed in lieu process will be a good option.