Fort Lauderdale Florida Foreclosure Attorney
Fort Lauderdale, Florida, is one of the primary cities of the South Florida metropolitan area. It is located on the Atlantic coast and is a popular destination both for living and renting. Fort Lauderdale is renowned for its status as a real estate hotspot, and many individuals and families have made their homes in the area.
Many of these same families are now underwater on their homes due to an economic downturn entirely outside their control. Some of these families are being forced out of their homes in foreclosure proceedings. If you're one of these unfortunate homeowners, first recognize that you're not alone. There are many families experiencing the same crisis. Second, talk to a Fort Lauderdale foreclosure defense lawyer. This is critical. You may be able to stay in your home for an extended period of time due to upheaval in the mortgage industry over claims that some lenders have acted fraudulently when processing foreclosures.
A foreclosure is a legal procedure in which a lender seizes a property and sells it. The money is then used by the lender to pay off the homeowner's remaining debt. If a foreclosure has been filed against your home and you fear that you will end up being forced to move, take action and call a Fort Lauderdale foreclosure attorney.
A Fort Lauderdale foreclosure defense attorney can help you take control of the situation by searching for mistakes made by your lender that could lead to a delay, or even a dismissal, of the entire foreclosure case. Lenders must actually follow very strict laws and guidelines when foreclosing on a property, and many times lenders skip steps or make mistakes out of negligence. Lenders are required to disclose certain documents to you if you request such documents, including the original signed promissory note for the loan. Many lenders misplace older documents out of pure oversight. Similarly, lenders must abide by IRS laws, TILA, RESPA and HOEPA requirements, and other legal constraints. Often, a Fort Lauderdale foreclosure defense lawyer can locate unique ways in which your lender may have treated you unfairly and can use this negligence to your advantage.
Lenders are often willing to negotiate with defaulted borrowers in order to regain as much of the original loan amount as possible either through a loan modification or a short sale. Lenders are much more likely to work with borrowers who have retained legal counsel. The best help you can get is legal help from a Fort Lauderdale foreclosure defense attorney. An attorney can assist you in the negotiation process, potentially keeping you in your home and saving you money through a modification.
There is no way to guarantee an outcome because every case is different. But we can guarantee that we will fight diligently to keep you in your home. Contact our Fort Lauderdale office today for a free consultation.
