About a deed in lieu of foreclosure.If I Call the lender and inquire about a deed in lieu of foreclosure. what happen to 2nd loan in the house(diff lender). What is better if house have 2nd loan, floreclosure or short sale or deed in lieu floreclosure. what is better option if you can't not longer afford payment for house.House value 250K1 mortgage 163K2nd loan 86KJanuary 29 2009 - Orlando00YesReport a ProblemProblemSelect oneOffensive contentIrrelevant contentSpam (pure self-promotion)OtherDetailsYour emailPlease enter a valid email address.Submit CancelContent flaggedWe will review this content. Thanks for helping make the site more useful to everyone. To learn more, read Zillow's Good Neighbor Policy.We're sorry. This service is temporarily unavailable. Please come back later and try again.