In some instances, the borrower's hardship and ability to repay results in the need for the borrower to surrender the property. The foreclosure process is expensive and timely and by performing a Deed in Lieu of Foreclosure, the client can reduce any potential losses. This allows the client to expedite marketing of the property, minimizing losses.

Our negotiators carefully counsel the borrower through this process and negotiate the transaction based upon the specified requirements. ServiceLink also thoroughly reviews all title documents ensuring lien position for trouble-free disposition of the REO asset.