Broward County Florida Foreclosure Attorney
Broward County, Florida, is the second most populated county in the state. Nearly 2 million people live within the county. Broward County and the surrounding areas have a reputation for being great places to live, which generates a large amount of real estate activity. Homes are bought and sold frequently, and prices fluctuate.
Unfortunately, foreclosures happen in Broward County just as they do everywhere else. But if you're caught in a foreclosure and your lender is threatening to seize your home, there are ways out. You have options. Don't let anyone tell you otherwise. A Broward County foreclosure defense lawyer can help you take action and save your home.
A foreclosure occurs when a borrower defaults on a loan after missing too many payments. The lender takes control of the property and auctions it to pay back the remainder of the loan. The homeowner is forced to find somewhere else to live. The lender has a right to do this based on the stipulations agreed to when the borrower signed the promissory note, and as a result many borrowers feel powerless, like there is nothing they can do. But this is not the case.
Any Broward County foreclosure defense attorney with experience could tell you that in many cases, lenders actually break the law when they foreclose on properties. According to the Florida law, homeowners can ask to review the original promissory note at any time and lenders are required by law to produce this note. Many lenders are actually unable to do this. Similarly, lenders often fail to comply with IRS securities requirements, and such violations can stall or halt the foreclosure process if they are uncovered and brought up in court. Lenders must prove compliance if asked to do so. Lenders also both knowingly and unknowingly violate TILA, RESPA and HOEPA requirements. Your lender has likely made mistakes, and you deserve to be treated fairly.
Most importantly, your Broward County foreclosure defense lawyer will help you negotiate with your lender during the foreclosure process. Lenders typically make no money during an ongoing foreclosure, and in some cases are willing to negotiate a loan modification in order to continue generating revenue. This can save you significant money and keep you in your home. Similarly, a Broward County foreclosure defense attorney can help you sell your home in a short sale, which will allow you to pay off most of your mortgage immediately. Lenders sometimes forgive the outstanding balance of a mortgage after a short sale.
We can help you fight the foreclosure and keep you in your home for an extended period of time. In many cases we can help you and your lender establish a new arrangement that allows you to keep your home. Save your home today by contacting our Broward County office.
