deed in lieu Archives - Colorado Attorneys

Negotiate a Deed in Lieu of Foreclosure for a Reverse Mortgage

June 2, 2022February 1, 2015 by Julie Jacobs

Can I Negotiate a Deed in Lieu of Foreclosure for a Reverse Mortgage? Q: My parents took out a reverse mortgage on their home years ago. My father has since passed away and my mother is about to permanently move into an assisted living facility. No one is living in the home and the amount … Continue Reading

Upside Down Homes in Insolvent Estates

October 19, 2015August 1, 2011 by Jon Goodman

Co-Author: Mike Smeenk, Esq. At various times during the Great Recession and its aftermath, different economists have estimated that approximately 25% of American households with mortgages are “upside down.” That is, for approximately 25% of American households with mortgage debt, the debt exceeds the property’s fair market value. While these percentages vary from place to … Continue Reading