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[ Follow Ups ] [ Post Followup ] [ The Forum Board ] [ FAQ ] Re: Deed in Lieu Posted by Lughead on May 21, 2003 at 6:43 PM In Reply to: Deed in Lieu posted by Joseph R Williams on May 21, 2003 at 10:23 AM : Have an oppurtunity to relocate to Florida. Tried to sell home but nothing yet. Relo date is 30 June 2003. Can't afford to pay for two households. Property has two mortgages and a balloon after 15 years. Is a deed in lieu possible with a 2nd mortgage ? Need an answer fast. sure its possible - but the lender must be willing to take it 'back' some factors they would consider are other debts against the property - junior note, liens, etc Lughead Follow Ups: Post a Followup: Name : E-Mail : Subject : Comments: : : Have an oppurtunity to relocate to Florida. Tried to sell home but nothing yet. Relo date is 30 June 2003. Can't afford to pay for two households. Property has two mortgages and a balloon after 15 years. Is a deed in lieu possible with a 2nd mortgage ? Need an answer fast. : sure its possible - but the lender must be willing to take it 'back' : some factors they would consider are other debts against the property - junior note, liens, etc : Lughead 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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