Foreclosure and Deeds in Jupiter

If your BANK is threatening you with a foreclosure

 you may want to negotiate by giving them a  Deed

When negotiating a Deed in Lieu of Foreclosure in Florida be sure to have the lender agree to waive or release you from any deficiency in the difference between the mortgage amount owed and the ultimate market value of the property.
1 Deed in Lieu Waiver of Deficiency
When negotiating a Deed in Lieu of Foreclosure in Florida be sure to have the lender agree to waive or release you from any deficiency in the difference between the mortgage amount owed and the ultimate market value of the property. This will prevent the lender from suing you in the future for that deficiency.

2 What to Look for when Negotiating a Deed in Lieu
A Deed in Lieu of Foreclosure will provide you no benefit unless you receive a waiver or release of the deficiency. Be skeptical of lenders or real estate agents asking you to sign a promissory note for a certain balance. The lender can try to collect the balance of the note from you in the future.

If you require the immediate services of a highly experienced and aggressive attorney, please call for a FREE CONSULTATION

JUPITER LEGAL ADVOCATES

561 748-8000

email us at:  [email protected]

Scroll to Top