Deed In Lieu--With 2nd Mortgage behind?

Posted by dancy on October 14, 2002 at 02:37:59:

Would my lender be agreeable to a deed-in-lieu of if there is a 2nd mortgage on the property? Or does anyone know if the 1st leinholder would be likely to not want to grant one because of the 2nd mortgage? I'm new to all of this and really need some answers if anyone knows.

Follow Ups:

• Re: Deed In Lieu--With 2nd Mortgage behind? - Michelle 01:40:52 12/19/02 (0)
• Re: Chances are slim.. - njdave 08:54:59 10/16/02 (0)
• Re: Deed In Lieu--With 2nd Mortgage behind? - dancy 02:39:19 10/14/02 (0)
• Re: Deed In Lieu--With 2nd Mortgage behind? - dancy 02:39:09 10/14/02 (0)

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: Would my lender be agreeable to a deed-in-lieu of if there is a 2nd mortgage on the property? Or does anyone know if the 1st leinholder would be likely to not want to grant one because of the 2nd mortgage? I'm new to all of this and really need some answers if anyone knows. 


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