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Loren
Loren, Lawyer
Category: Real Estate Law
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Experience:  30 years of real estate practice experience.
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I have questions about real estate law in New Hampshire.

Customer Question

I have questions about real estate law in New Hampshire.
Submitted: 1 year ago.
Category: Real Estate Law
Expert:  Loren replied 1 year ago.
Thank you for using JustAnswer. I am Loren, a licensed attorney, and I will do whatever I can to answer your question.

Yes, you can walk away, but you run the risk of personal liability for any deficiency in the repayment of the note.

A better tact may be to contact the lender about arranging a deed in lieu of foreclosure. That way you can negotiate a release and other elements to aid you in walking away.

I hope this is helpful. If you have any follow up questions feel free to post them. It is never a problem.
Thank you.
Loren

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