[dontwantthehouse]

I got a call from my negotiator, Khadi, today and my DIL has been approved. I counter-offered $1500 lump sum to their $3k offer. They accepted and the official docs will be fed-exed over to me.

I confirmed with her that the DIL is approved for both my 1st mortgage and HELOC.

She instructed me to take the house off the market immediately--why is that, don't they want to sell it? Oh well, we are almost finished!

I get 10 days to review everything and then I have to send a certified check and signed paperwork.

Are there other questions I should ask before the paper work is sent out like making sure that my credit report states that the settlement is paid as agreed, no 1099 on tax deficiency, and etc. I forgot to ask those questions because I was of course caught up in the moment of relief.

This truly will be a Thanksgiving celebration for us!!

Thanks *** and Loansafe.

Current Workout Status Deed in Lieu View the Details Hide the Details Workout Status Details: Your Deed in Lieu has been approved, and all collections activities have been suspended as a result of this approval. Next steps will include a call from a workout negotiator who will explain the terms and options of your approved workout including all conditions required for the final completion of the workout, such as upfront funds. You will also receive a package of documents in the mail. These documents are time sensitive and must be signed, notarized and returned to us in 10 days, including any required upfront funds. If you have not received your workout package and/or a phone call from your negotiator by 12/26/2008, please contact us. Please do not call back before 12/26/2008 as that may delay the process. Please respond promptly to any calls or requests that you may receive from us during this time period. Lack of response will cause your workout to be delayed or cancelled. Thank you. Information as of: 11/21/2008 Workout Stage: Approved