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Can I Quit Claim Property Back To Lender Who Refuses To Finish The Foreclosure Procedure?

January 9th, 2010 - By

without going into the sordid details how i acquired a over priced slum house, I want to know if there is any problems quit claming the property back to the lender. The lender started foreclosure procedure and promptly stopped. Actually they got the judge to rescind the decree. I called the attorneys representing the lender why and they couldnt answer. I told them I would be happy to deed the property back to the lender but they told me they talked to the lender and they do not want to go forward and finish the foreclosure. It’s been almost 2 years since i paid any mortgage payments! The attorney believes the lender doesnt want this crap property on their hands with the maintenance and the headaches that comes with it. I dont want it. the city keeps sending me hate mail to mow the lawn and clean it up from the crackheads. I have done this already and don’t want to do this forever. No one wants the property I can even give it away. So can I quit claim it back to the lender.

Been Successful In Getting A Quit Claim Deed From A Bank To Avoid Foreclosure?

November 20th, 2009 - By

My friend’s husband left her and they are about to foreclose on their condo unless they can get the bank to take the loan back. what are the odds? Good? Any tips to get the bank to cooperate? Or any unrelated creative ideas about the situation? one-bedroom condo, 2K/month, $280K, great location in san diego CA