InnoVest Resource Management's Foreclosure Forum

Home Discussion Board "Hands-On" Training Title Holding Trust Speaking Schedule Store Code References 50 State Resource Data Foreclosure Glossary Foreclosure Statistics 70+ Yrs Interest Rates Fillable Forms Archived Articles Dingbat Retirement Plan Links Contact / Map About Us Home

[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Facing foreclosure in San Diego Posted by Lughead on August 06, 2006 at 9:50 AM In Reply to: Facing foreclosure in San Diego posted by christian on August 02, 2006 at 2:06 PM ask the lender if they will accept a deed-in-lieu of foreclosure ... you or parents can explain to the lender that it is in their better interest to receive the property back now rather than months from now when pricies may be lower and the foreclosure expenses and the loss of the time value of money also ... why is/was the property left vacant? since it is empty now - try to see what you can do regarding the above - you may not want a renter in there to create a mess or refuse to move out and this limit your options ... of course if you received enough rents that may help to make the payments good luck Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : ask the lender if they will accept a deed-in-lieu of foreclosure ... you or parents can explain to the lender that it is in their better interest to receive the property back now rather than months from now when pricies may be lower and the foreclosure expenses and the loss of the time value of money : also ... why is/was the property left vacant? since it is empty now - try to see what you can do regarding the above - you may not want a renter in there to create a mess or refuse to move out and this limit your options ... of course if you received enough rents that may help to make the payments : good luck 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

Information provided by this website is for informational purposes only and is not a substitute for professional advice. Please consult your investment advisor and/or attorney before entering into any transaction. Read our privacy policy.

Copyright © 1997-2006, InnoVest Resource Management
http://www.foreclosureforum.com

InnoVest Resource Management, 4569-A Mission Gorge Place, San Diego CA 92120-4112
(619) 283-5444, Fax (619) 283-5455