Posts tagged "deed in lieu of foreclosure"

What Is The Best Way To Default On Your Mortgage? - Part II

I asked Doug Katz, a sales manager at Chicago Bancorp, to write a follow up article on the differing impacts of the various ways of walking away from your home and mortgage. The first article dealt with the impact of mortgage default on your credit score. In our present economy, the terms foreclosure, short sale,... Read more »

What Is The Best Way To Default On Your Mortgage?

I asked Doug Katz, a sales manager at Chicago Bancorp, to provide some insight on a common question asked by people who decide they need to get rid of their home and their mortgage.So, you wake up one day and decide that the home on which you owe more than the value is no longer... Read more »