Aggressive Foreclosure Defense
Are you facing foreclosure?
Foreclosure is the process in which a mortgage lender takes back a mortgaged property from the borrower due to lack of payments. The lender will then attempt to sell the property to recover a portion of their losses. The foreclosure process usually results in significant financial losses for both the lender and the borrower, so it is generally an option of last resort. Many mortgage companies are willing to take steps to avoid foreclosure, but negotiating with them can be a difficult and complicated task. If your property is facing foreclosure, you are encouraged to contact the firm as soon as possible, to get the assistance you will need to potentially avoid foreclosure.
Fight for Your Home!
For the past twenty years, Price Law Group attorneys have been successfully carrying out foreclosure defenses on behalf of borrowers. They can advise you of the different options you have in order to customize a plan for your particular situation. They may be able to, as one potential option, initiate a legal defense to contest the lender's right to foreclose. They can also explore the loan itself and whether or not the mortgage lender may have violated U.S. predatory lending regulations. Additionally, new terms can be negotiated with the lender, allowing you to remain in your home. It may ultimately be necessary for you to file bankruptcy in order to avoid foreclosure.
A short sale, which is an arrangement with the lender in which your property is sold for less than the amount owed, may also be the solution that fits your circumstances. For a fee of 1% of the sale price - a fee the law office can usually get paid directly by the lender - an attorney at the firm can carry out the short sale on your behalf. The Department of Real Estate, the MLS boards and national real estate brokerages now require that an attorney be included in short sale transactions due to the many potential legal ramifications of a short sale. With dedicated experience and an understanding of your circumstances, let the attorneys at the firm help you through this trying time. Call today for a free consultation!