Avoid Foreclosure with a Deed-In-Lieu?

The latest question in the local real estate market seems to be about the Deed-In-Lieu of Foreclosure and how it can help.  A Deed-In-Lieu of Foreclosure was traditionally a release of all liability on a mortgage note, provided that the borrower hand the deed to the lender and leave the home in “broom swept” condition.  […]