Deed In Lieu Of Foreclosure Attorney in Tucson

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Transfer The Property And Move On

When keeping the property isn’t feasible, a deed in lieu can end a default without the time and cost of foreclosure. Lancer Law evaluates liens, negotiates lender terms, and prepares agreements that address deficiencies, possession dates, and personal-property issues—so you can reset faster within your larger real estate law plan.

Clear Conditions Before You Sign

We confirm title, resolve junior liens when possible, and negotiate releases or deficiency terms consistent with Arizona law and your risk profile. Lenders benefit from quicker control; borrowers gain certainty and potential relief from further exposure. For investment properties tied to leases, we coordinate with commercial leases to manage tenants and handover.

From Term Sheet To Recorded Deed

Expect a tight package: settlement agreement, deed, bill of sale (if needed), possession terms, and mutual releases. We coordinate with servicers and title so closing is smooth and timelines are met. If negotiations fail, our breach of contract team evaluates next steps.

Common Questions About Deed in Lieu

  • Will a deed in lieu affect my credit?

    Yes, but it may be less damaging than foreclosure; we discuss practical impacts with you.

  • Can I owe a deficiency?

    It depends on loan type and negotiated terms; we aim to minimize or eliminate deficiency risk.

  • What if there are junior liens?

    They can complicate or block a deed in lieu; we assess and negotiate resolutions where possible.