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Deed in Lieu of Foreclosure

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I will be taking back a property because the buyer was unable to make the payment on the second I was carrying. When I take back the property, I will apply for a new loan for the first mortgage when the property reverts back to me. I want to add my friend to the loan and deed, so that she can help with the payments, and get some tax credit on the mortgage. Would that have any impact on the fact that the current owner is allowing the property to revert back to me, and did not sell the house under the current listing agreement?

Bottom line is that we're all just trying to get back to where we were 2 years ago, but I want some help with my mortgage payments this time. We want to make sure we're not setting ourselves up for any legal problems around this listing agreement, even though there will be no sale.

Thanks for your time and wisdom!

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