QUESTION
What other options do I have other than applying for a deed in lieu from BofA?
Asked on Dec 13th, 2012 on Foreclosures - New Jersey
More details to this question:
I surrendered a second home and it was discharged in my chapter 7- 4 years ago. BofA has no plans on foreclosing on this property in Buffalo NY. I cannot apply for a new home loan for three years from the date that the home is finally foreclosed on. I am considering a deed in lieu so I can at least get a date to start my waiting period from, other wise who knows how long it will be for this home to be foreclosed on.
1 ANSWER
Criminal Defense Attorney serving Englewood Cliffs, NJ
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Savyon Grant, Esq. & Associates
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Why don't you try a loan mod and working on a deal with the bank? Or sale it in a short sale.
Answered on Dec 14th, 2012 at 8:04 PM