Wife and I bought a house in Georgia in 2006 for $156,000. It is an 80(AHMSI)/20(Greentree) loan. We divorced in 2008 and I took over the house and payments.
The house is now worth $119,500.
First loan principal balance is $119,238.58
Second loan principal balance is $30,315.56.
What are the chances of getting a deed-in-lieu accepted by both lenders and not have them come after me for the deficiency?