Legal Question in Real Estate Law in Florida

deed in lieu of foreclosure

if i give my house back to the bank on a deed in lieu,could or would they be able to make me pay the difference on morage note if they can not sell for what is owed


Asked on 1/09/07, 5:14 am

2 Answers from Attorneys

David Slater David P. Slater, Esq.

Re: deed in lieu of foreclosure

yes, unless they waive it.

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Answered on 1/09/07, 10:16 am
Robert Roemer Robert Roemer

Re: deed in lieu of foreclosure

yes-but it might more sense to evaluate other options to resolve this issue.If you are interested call me at my office or send me a e-mail advising me how to contact you.

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Answered on 1/09/07, 10:21 am


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