Recently at the end of June, many of the big lenders started sending out letters to homeowners that are behind on their mortgages offering them what they are calling a favorable deed in lieu of foreclosure offer.  What many homeowners don’t realize is that they are giving up their rights to the title of their properties and have to move out within 30 days maximum.  Checkout the video that I recorded on this:

Through working with a lot of our clients in the greater Charlotte, NC area, we have found excellent alternatives to foreclosure for them via a short sales and other methods.  For more information, please call our office at 704-885-0488.  You can also visit our informational site at Charlotte Foreclosure Challenges.

All the best,

Mike Moulton