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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Deed in Lieu vs. Foreclosure......Credit Issues Posted by Katherine Powell on May 12, 2006 at 2:20 PM In Reply to: Deed in Lieu vs. Foreclosure......Credit Issues posted by Seniqua on May 16, 2002 at 1:58 PM : I am currently 3 monthes behind on my mortgage and I was thinking of doing a deed in lieu on the property instead of going through a foreclosure. I am currently unemployed and don't see a job in the near future. I am debating doing the deed in lieu to save my credit, but I could save money if I waited for a foreclosure. Basically my question is how is the deed in lieu process affect my credit or my ability to get another house at a later date vs. a foreclosure. Is one really better than the other. Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : I am currently 3 monthes behind on my mortgage and I was thinking of doing a deed in lieu on the property instead of going through a foreclosure. I am currently unemployed and don't see a job in the near future. I am debating doing the deed in lieu to save my credit, but I could save money if I waited for a foreclosure. Basically my question is how is the deed in lieu process affect my credit or my ability to get another house at a later date vs. a foreclosure. Is one really better than the other. Optional Link URL: Link Title: Optional Image URL: [ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] WWWAdmin 2.0a © 1997 Matt Wright and DBasics Software Company, All Rights Reserved

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