Omar D. asked

⚖️  Law

I live in NY and own 3 rental properties in PA. I'm making no money from the rentals and am moving to NV. I can't sell the properties for what I owe but want to be rid of them. Can I do a Deed in Lieu of Foreclosure, and if so, how can I do it?

April 22nd, 2023

James L. answered

Banks generally do not favor Deeds in Lieu because they prefer to loan money rather than manage real...

April 22nd, 2023

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