<div dir="ltr"><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000">Hi everyone:</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000"><br></div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000">I have a builder client dealing with a proposed deed in lieu.  I am concerned about the impact of accepting a deed in lieu on the client's ability to obtain credit in the future.  I vaguely recall that lenders typically ask potential borrowers whether they or any entity controlled by them has been involved in a deed in lieu transaction.  Obviously, this would be viewed disfavorably by future lenders.  Is this a legitimate concern or much ado about nothing?</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000"><br></div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000">Thanks.</div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000"><br></div><div class="gmail_default" style="font-family:georgia,serif;font-size:small;color:#000000">Regards,</div><div><div class="gmail_signature" data-smartmail="gmail_signature"><div dir="ltr"><div><div dir="ltr"><div><div dir="ltr">








<div lang="x-sig" style="font-family:Palatino Linotype,Baskerville,Palatino,Century Schoolbook L,Times New Roman,serif;font-size:10px;text-align:center;width:223px;border-radius:6px;margin:5px;padding-left:10px;padding-right:10px;padding-top:6px;padding-bottom:6px"> <span style="font-family:Palatino Linotype,Baskerville,Palatino,Century Schoolbook L,Times New Roman,serif;color:#007439;font-size:large;font-weight:bold">Patrick J. Sullivan<br>
  </span> <span><a href="http://sullivanlawfirm.org/" target="_blank"><img style="border:none" src="https://goo.gl/GqbM6I" alt="The Sullivan Law Firm"></a><br>
  </span><span style="font-family:book antiqua,Baskerville,Palatino Linotype,Palatino,Century Schoolbook L,Times New Roman,serif;color:#5f6462;font-size:xx-small;text-transform:uppercase">701 Fifth Avenue, Suite 4600 <br>
  Seattle, Washington  98104<br>
  </span><span style="font-size:x-small;color:#373a38"><span style="color:#007439;font-weight:bold;font-size:small">P:</span><span> <span id="gc-number-105" class="gc-cs-link" title="Call with Google Voice">(206) 903-0504</span></span><span style="font-size:small"> | </span><span style="color:#007439;font-weight:bold;font-size:small">F:</span><span> <span id="gc-number-106" class="gc-cs-link" title="Call with Google Voice">(206) 260-2060</span></span></span></div>

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