Deed in lieu of foreclosure can come with strings attached - such as paying any remaining balance after the lender sells the house. Be careful. If you go that route, you'll want to be cleared of any further payments after signing off on it.
Ex: Say you owe 278,000.00, they sell for 160,000.00, they come after you to pay the remaining 118,000.00. UNLESS you and your lawyer make sure they have no further recourse against you.
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