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10 LSB Plaza, Lexington, NC 27292
P: 336-249-2101 • F: 336-249-4572
info@BrinkleyWalser.com

Deeds in Lieu of Foreclosure

A deed in lieu of foreclosure is when the defaulting borrower transfers all interest in the property to the lender in exchange for release from all indebtedness. In the current economic environment, many parties on both sides of the transaction are seeking alternatives to foreclosure; however, great care must be taken in accepting a deed in lieu of foreclosure because of potential problems which can occur in the chain of title. Brinkley Walser is experienced in helping either party come to the best solution.

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Historic photos courtesy of Davidson County Historical Museum.

The materials and documentation contained on this site are provided for informational purposes only and should not be construed as legal advice. Browsing the Brinkley Walser, PLLC ( Professional Limited Liability Company) website does not create an attorney-client relationship. Emailing the firm does not create an attorney-client relationship; it should also be noted that emails are not considered confidential without this relationship. If you have any questions regarding the information found on this site or about your particular situation, please contact Brinkley Walser at 336-249-2101 and/or 10 LSB Plaza, Lexington, NC 27292 or consult your own lawyer for advice.

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