James Dicks's Blog – June 2011 Archive (1)

So many people today are in foreclosure around the country; the banks and the courts are really getting backed up.  If you are in this situation, you might want to approach your mortgage company and see if you qualify for a Deed in Lieu (DIL) of Foreclosure to avoid the foreclosure process.



Basically, a DIL allows the homeowner to voluntarily transfer the ownership of their property to the mortgage holder in exchange for a release from the mortgage loan and payments.  This is becoming… Continue