deed in lieu of foreclosure การใช้

• The deed in lieu of foreclosure offers several advantages to both the borrower and the lender.
• In addition, he said, a lender may agree to a " deed in lieu of foreclosure ."
• In order to be considered a deed in lieu of foreclosure, the indebtedness must be secured by the real estate being transferred.
• Blackstone seized the portfolio via a " deed in lieu of foreclosure " in December 2010 after the loan securing the portfolio had hit maturity default.
• Sometimes, the lender will not proceed with a deed in lieu of foreclosure if the outstanding indebtedness of the borrower exceeds the current fair value of the property.
• It is unclear whether HETPA applies to deeds in lieu of foreclosure since there is no clear exclusion as there is for a referee's deed, for example.
• Other examples of sales that would not meet the test of fair market value include a liquidation sale, deed in lieu of foreclosure, distressed sale, and similar types of transactions.
• Glimcher defaulted on the mall's mortgage loan in 2012 and turned the property over via a Deed in lieu of foreclosure to the lender, a CMBS trust that was serviced by LNR Property, in August 2014.
• Because of the requirement that the instrument be voluntary, lenders will often not act upon a deed in lieu of foreclosure unless they receive a written offer of such a conveyance from the borrower that specifically states that the offer to enter into negotiations is being made voluntarily.
• The idea was for lenders to provide an in-person or telephonic meeting with the Homeowner / Defendant in the presence of an impartial mediator to discuss the Foreclosure Lawsuit and possible alternatives ( including Loan Modification, Deed in Lieu of Foreclosure, and Short Sale ).
• As a coda to the age of seemingly unlimited speculative commercial building in Westchester County in the'70s and'80s, one of the big builders of that time has quietly transferred ownership of 18 of 26 buildings in a move called a transfer of deeds in lieu of foreclosure.
• Before work can begin on the properties, they will have to either undergo foreclosure _ a process that tends to take longer in New York than in many other states, HUD officials said _ or be handed over to HUD under what is known as a deed in lieu of foreclosure.
• In early June 2011, Sabey Data Center Properties, the largest privately held developer, owner, and operator of data centers in the United States purchased the deed in lieu of foreclosure from M & T bank for $ 120 million, considerably less than what Taconic had paid a few years earlier.
• 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.