Todd Rooker tells you that a lot of the information on the internet about deed in lieu on the internet are probably out dated. It would be based on an older market when real estate was different. He explains that people aren’t getting away scott free with no deficiency these days, the market is different now, the deed-in-lieu has changed from what it meant in the past. He said the most recent ones won’t eliminate late payments. He doesn’t think it gives you good options.

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