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  2. Deed in lieu of foreclosure - Wikipedia

    en.wikipedia.org/wiki/Deed_in_lieu_of_foreclosure

    A deed in lieu of foreclosure is a deed instrument in which a mortgagor (i.e. the borrower) conveys all interest in a real property to the mortgagee (i.e. the lender) to satisfy a loan that is in default and avoid foreclosure proceedings. The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.

  3. How to stop foreclosure - AOL

    www.aol.com/finance/stop-foreclosure-220538027.html

    A real estate agent with experience in short sales might be able to help you find a buyer and guide you through obtaining the necessary approvals. 7. Short refinance

  4. Foreclosure rescue scheme - Wikipedia

    en.wikipedia.org/wiki/Foreclosure_rescue_scheme

    Equity stripping or equity skimming is a variation on lease-buyback and is one of the most common types of foreclosure rescue schemes. [4] In it, the perpetrator assumes ownership of the house while allowing the former owner to continue living there, provided that s/he pay rent to the perpetrator, who is the new owner.

  5. What is a deed in lieu of foreclosure? - AOL

    www.aol.com/finance/deed-lieu-foreclosure...

    A deed in lieu of foreclosure is generally a last-resort step taken by a homeowner to avoid a foreclosure, says Alesia Parker, branch manager at Silverton Mortgage, an Atlanta-based residential ...

  6. Equity stripping - Wikipedia

    en.wikipedia.org/wiki/Equity_stripping

    When refinancing options are exhausted and foreclosure proceedings have led to near eviction, a foreclosure rescue transaction with moderate fees and full disclosures can be legally and ethically executed. A consumer can face removal from the property and the loss of their entire equity following a foreclosure auction. As an alternative ...

  7. What is a foreclosure? How it works and how to avoid it - AOL

    www.aol.com/finance/foreclosure-works-avoid...

    This is how it works: After foreclosure, your lender or a new owner may file for eviction if you’re still on the property. Like foreclosure, the eviction process varies by state and location ...

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