Foreclosure & Short Sales
The real estate boom is now in the midst of its inevitable correction. Many borrowers find themselves in extreme financial distress due to the purchase of their own home. Sleepless nights in fear of foreclosure are not an uncommon occurrence. The most common problems that borrowers are facing today are: declining values; loss of jobs; and foreclosure. If this sounds like it fits your situation, then our loan modification, short-sale, and foreclosure defense program may help keep you in your home.
If your bank is threatening to foreclose, or even if you've already had papers filed against you, it may not be too late to save your home. Homeowners have rights and unless you know what those rights are, you won't be able to mount the best possible legal defense to save your home. Once you've been served with court papers, you have only a few days to fight back and stop your home from being sold out from under you. The longer you wait, the harder and more expensive your fight will be. Even if your sale date is just days away, in some cases it's still possible to stop the sale and keep you in your home.
If your bank has not yet served you with foreclosure papers our loan modification program may be able to help you. Loan modifications are the altering of the characteristics of a bank loan without refinancing in order to prevent foreclosure.
Another option may be a short-sale. This is when your current mortgage lender agrees to accept a payoff of your mortgage for less than currently owed. In such sales, the foreclosing lender will let you sell the house for less than the outstanding loan amount, and in most cases forgive any remaining deficiency. Faced with options including non-payment of your mortgage, foreclosure or bankruptcy, a Short-Sale may be a real solution for both you and the lender.
Today, bank loss mitigation departments are swamped with requests and are forced to prioritize cases. Calls from individual borrowers may go unheeded. That changes when you are represented by Swimmer Law Associates, P.A., who will break down your situation in an accurate and thorough analysis and then present to the bank a solution all can agree upon.
Swimmer Law Associates promises to vigorously represent you and your best interests in your time of need.
|
|
