Legal Question in Real Estate Law in Massachusetts
Is there a way to give our house back to Beneficial without waiting for a foreclosure to begin?
Asked on 8/15/12, 8:52 am
2 Answers from Attorneys
They may accept a deed in lieu of foreclosure if there are no other liens, mortgages or attachments affecting the premises.
Answered on 8/15/12, 9:34 am
Mr. Weicker is correct. Contact Beneficial and offer to give them a deed in lieu. You can also put the property up for sale and seek to complete a short sale.
Answered on 8/15/12, 3:43 pm
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