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Are any agents here getting Deed in Lieu assignments? I know of one agent in my area that has gotten one such assignment from Wells Fargo. 

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Yes, but with mixed results, as the DIL doesn't wipe out junior liens, so the 2nds and other liens, judgements are problematic.

Closed 5 this year but have about 15 in the works. 

How much do you get paid for them??

Yesterday someone told me he was getting $2000 for a DIL

I got one in NJ.  You go the final inspection and when they are finished processing the DIL you get the assignment through Aspen Grove

Carl SanFilippo

www.njshortsalesspecialist.com

Crystal,

Thru what company is the agent from your office doing? If you don't mind sharing it? I have gotten few door knocks from Pennymac, but nothing has mature.

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