There’s a lot of talk about how short sales hold many benefits over foreclosures. While it is true that many homeowners will reap these benefits after entering into a short sale, like anything else, these sales are not necessarily for everyone. There are certain risks associated with short sales and…
Category: Foreclosure Defense
When facing foreclosure, it’s easy to think that it’s the worst-case situation and fail to see anything positive about it. However, there are some benefits that come with foreclosure, even if it’s hard to see what those are at first. Below are the advantages you might find surprising about foreclosures,…
When people enter into a mortgage agreement, they don’t imagine that they’re going to end up in foreclosure. However, since the economic downturn, it’s something more and more homeowners are facing. When they do, they have many options available to them. A very common one is a short sale, which…
Defaulting on mortgage payments has many consequences for a borrower. In all states, it could mean the lender has the right to foreclose on the home. If that happens, the borrower will lose the home and it will be put up for a short sale to cover the cost of…
When a homeowner has a judgment issued in favor of the lender during a foreclosure trial, it can seem hopeless. Too many homeowners simply wait for the foreclosure sale and pack up their bags and leave. However, this doesn’t have to be this way. There are things a homeowner can…
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer that can assist you in…
Prior to 2011, when a lender wanted to foreclose on a home, they were required to enter mediation proceedings with the borrower. Although there is no such requirement today, mediation can still benefit many homeowners and could even help them remain in their home. So, what is mediation, and why…
According to Attom Data Solutions, foreclosures are down throughout the country. Unfortunately, as too many borrowers in Florida already know, Florida still ranks high on the list. In fact, the Sunshine State ranks fourth in the nation, as one in every 1,336 homeowners have their homes foreclosed by the lender….
Loan Lawyers, LLC is licensed to practice law in the state of Florida. If you have a legal matter that you would like to discuss and you are NOT located in Florida, please contact your state’s Bar Association to get the information of a lawyer who can assist you in…
