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.


