“The offer of the deed-in-lieu is interesting ... and that’s a “big no-no” that could lead to a lender liability suit, according to Thad Wilson, partner at law firm King & Spaulding.

While deeds-in-lieu can seem like a simpler solution ... and that’s a “big no-no” that could lead to a lender liability suit, according to Thad Wilson, partner at law firm King & Spaulding. “ ...

THIS ACTUALLY DID HAPPEN TO A FAMILY IN THE SUSQUEHANNA VALLEY. IT’S CALLED DEED THEFT. AND NEWS EIGHT’S JAKE REYES JOINS US LIVE FROM THE STATE CAPITOL IN HARRISBURG WITH WHAT’S IN THE BILL ...

An office building on Executive Drive in Brookfield has been acquired by the building owner’s lender in a deed in lieu of foreclosure action, according to state records. Located at 200 S.

from a limited liability company affiliated with the state-owned Alaska Permanent Fund Corporation through a deed in lieu of foreclosure, property records show. Barings is a subsidiary of ...

Deed in Lieu of Foreclosure: A deed in lieu of foreclosure occurs ... Tax Consequences If Debt Is Recourse (Personal Liability to Borrower): There are two tax consequences: 1. Capital gain – the ...

A deed in lieu transfers the property to the lender ... the property to make property transfers without incurring personal liability. What Is the Difference Between Title Insurance and a Warranty ...

deeds-in-lieu, and foreclosures and other enforcement remedies. It is in these situations that lenders are most vulnerable to facing lender liability claims from borrowers and third parties.

These transactions — known as deed-in-lieu-of-foreclosure sales — could wind up saddling them with a large tax bill. By doing a deed-in-lieu-of-foreclosure transaction, a borrower hands the ...

RALEIGH, N.C. (WTVD) -- New details in an ABC11 Troubleshooter investigation involving a multimillion-dollar North Raleigh home where a stranger was able to file a deed on that home despite not ...

But what about the mortgage debtor’s personal liability after giving a deed in lieu of foreclosure? The answer is simple: If the deficiency action statutes apply, N.J.S.A. 2A:50-2 et seq.— ...