Deed in Lieu

Information About Deeds in Lieu of Foreclosure

Many alternatives to home foreclosure exist for the benefit of homeowners, and one of these alternatives is a deed in lieu of foreclosure.  A deed in lieu effectively allows a homeowner to return the deed (or document granting the right of ownership) back to their lender, helping them avoid the foreclosure process.  My name is Rex Powell, and I am a Cape Coral foreclosure defense attorney that is available to assist you if you are seeking a deed in lieu.  I have helped countless clients in their foreclosure cases, leading to many of them being able to remain in their homes, and others to rescind home ownership while avoiding foreclosure proceedings.  Contact my offices today, and I will negotiate with your lender on your behalf in an attempt to secure an outcome that is favorable to you and your family.

In securing a deed in lieu, a homeowner is essentially giving their home back to the lender.  This results in the lender halting any foreclosure proceedings that they may have begun.  While it usually does not allow the individual to remain in the home, it does give them an "out" from their mortgage without the negative consequences of a foreclosure, such as a severely impacted credit score, or a deficiency judgment. 

Cape Coral Foreclosure Attorney

Facing home foreclosure can be a frightening and overwhelming experience.  If it is possible, you will want to pursue any alternative that assists in you avoiding the process.  With an experienced attorney's help, you can decide upon a course of action, such as seeking a deed in lieu, that will allow you to come away from your ordeal with none of the negative ramifications typically associated with losing your home.

If your house is in danger of being foreclosed on, contact a Cape Coral Foreclosure Lawyer who may be able to help you negotiate a deed in lieu of foreclosure with your lender.