A short sale is an option for homeowners bogged down with serious financial problems.  To complete a short sale you sell your home for less than what you owe your lender and you try to negotiate away the difference.  The biggest problem you face is getting your lender to agree to a short sale.  Many will not.

Here are three reasons to work with an attorney for Foreclosure Defense and Short Sale Contracts:

1. Many lenders will not release you from the loan balance.  An attorney will help you fight for this release.
2. If your lender issues short sale approval letters, you will benefit from having an expert attorney review them.  Some banks issue a release of mortgage, some a release of lien and some a release of the outstanding loan balance.  Which is better?  Ask your lawyer.
3.  Some attorneys may be able to gain leverage over the lenders during the negotiating process. The attorneys who handle these transactions frequently have a big advantage.  They know the law and they understand how banks work. 
Falling behind on your home loan is frightening.  You don’t need to go through it alone.   Call our office today to discuss your situation and we will work together to try to find a solution.

Call the Law Office of Mery Lopez, P.A. (305) 882-2739

 
   
A home foreclosure due to an inability to make your monthly mortgage payments is one of the most stressful and difficult experiences a family can face. Uncontrollable situations such as serious illness, a major accident, divorce or job loss can place anyone in this compromising situation.

The result of a foreclosure is the lender taking your home.  The lender can also get a judgment against you for the money you owe plus his costs.  If that isn’t bad enough, your credit report will be in bad condition for years to come.  There is no benefit to foreclosure and it should be aggressively avoided.

When a process server arrives at your door you may feel as though all hope is lost. This is a time when an attorney may be able to provide you with some assistance.
 
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