Deed-In-Lieu

Deed-in-Lieu

A deed-in-lieu is where, the homeowner, voluntarily transfer the ownership of your property to the owner of your mortgage in exchange for a release from your mortgage loan and payments. Options are available (sometimes with a relocation incentive) to help you leave the home immediately; stay in the home for up to three months without paying rent; or lease the home (at market rates) for up to one year.

“We can’t afford our home anymore, but don’t want to have a foreclosure on our credit history. And we need time to plan our move.”

You may qualify for up to $30,0000 in relocation assistance.

Contact us at (973)-378-3030 and a dedicated agent will explain more about a Deed-In-Lieu and help submit the necessary request form.

Client Testimonials

June 1, 2020

Covid-19 Update

Due to the current health concerns related to COVID-19, the Citizens Mortgage Relief staff will be working remotely until further notice. Please contact via info@citizensmortgagerelief.com or leave a voice message at (973) 378-3030 and we’ll return your call. Citizens Mortgage Relief encourages our clients and partners to submit any and all documentation in an electronic format whenever possible as staff will continue to check email and review information submitted electronically.