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Updated almost 17 years ago,

Renee Allen's profile image
Renee Allen's profile image
Renee Allen
  • Appraiser
  • from Berryville, AR
  • Member since Jan 14, 2008
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48
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1
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Renee Allen's profile image
Renee Allen's profile image
Renee Allen
  • Appraiser
  • from Berryville, AR
  • Member since Jan 14, 2008
Connect
Renee Allen
  • Appraiser
  • Berryville, AR
1
Votes |
48
Posts
Foreclosures

question about foreclosure

Renee Allen
  • Appraiser
  • Berryville, AR
Posted

A realtor told me yesterday that you can deed your home back to the lender. Is this possible? How does that work? What would make the lender do that? If the property is worth more than you owe and they think they can get more out of it?

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