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Updated almost 7 years ago,

Dedric Polite's profile image
Dedric Polite's profile image
Dedric Polite
  • Investor
  • from Burlington, NC
  • Member since Feb 19, 2016
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User Stats

81
Posts
24
Votes
Dedric Polite's profile image
Dedric Polite's profile image
Dedric Polite
  • Investor
  • from Burlington, NC
  • Member since Feb 19, 2016
Connect
Dedric Polite
  • Investor
  • Burlington, NC
24
Votes |
81
Posts
Foreclosures

Drawbacks to seller of doing Deed in Lieu of Foreclosure?

Dedric Polite
  • Investor
  • Burlington, NC
Posted
Hi BP! Running into a rash of sellers who are behind on their mortgage and considering doing Deed in lieu of Foreclosure. What are the implications on a sellers credit of doing Deed in lieu? Reasons they’re better off selling to an investor?
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