What is a Deed-in-Lieu? A Deed-in-Lieu of Foreclosure (DIL) is where you, the homeowner, voluntarily transfer the ownership of your property (the title and all property associated with it) to the owner of your mortgage in exchange for a release from your mortgage loan and payments. A DIL is an alternative to foreclosure and should [...]
Continue Reading [WATCH]: Deed-in-Lieu – Silko – Homeowner
Tags: Deed In Lieu, Deed In Lieu Of Foreclosure, Dil, Mortgage Exchange, Mortgage Loan, Mortgage Payments, Silko, What Is A Deed In Lieu

