Posted by Shawn Simpson // January 12, 2022
Just the word foreclosure is enough to strike fear into the hearts of homeowners. The idea of losing the place we call home because we have fallen behind on our mortgage payments is terrible. If you are facing foreclosure, another way to avoid foreclosure is to seek a Deed in Lieu of Foreclosure A Deed […]
Posted by Shawn Simpson // November 15, 2017
What is a deed in lieu of foreclosure? A deed in lieu of foreclosure in Omaha is a legal term for a borrower conveying all interest in a real property to the lender. It satisfies a loan that is in default and avoids foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender. The principal […]