ORLANDO SHORT SALE LAWYER
AVOID FORECLOSURE BY SHORT SELLING YOUR HOME
No one ever hopes to lose their home, whether it is to foreclosure, bankruptcy, or for any other reason. There are some cases, however, when it is in your best interest to give up your home voluntarily in order to protect your financial future. If you are behind on your mortgage with no way of catching up, and if you are facing foreclosure, you may be able to find financial freedom through a short sale.
ABOUT THE SHORT SALE PROCESS
The first step in short selling your home is to retain an Orlando bankruptcy attorney who can represent you in negotiations with your lender. You must speak with your lender and come to an agreement about short selling your house. Once your lender realizes that you are unable to repay your mortgage in full, they will likely not want to go through foreclosure, either. Once they agree to a short sale, your lender will then place your home on the market and sell it for as much as possible. They will then consider the proceeds they made on the house to be full repayment of your debt, even though it is less than the amount you owe. The remainder of your debt will be discharged and you will no longer have an overdue mortgage hanging over your head.
LEARN MORE FROM A BANKRUPTCY ATTORNEY IN ORLANDO
Speak with an attorney from Fisher Legal Group today to discuss your options for eliminating debt. With the counsel and guidance of an experienced lawyer, you may be able to avoid the damaging effects of foreclosure on your credit. Short sales are also an alternative to bankruptcy that allows you to keep your home and eliminate your debts another way. Contact our firm today for counsel and representation from a results-oriented team of lawyers who care for each client individually.
Get your questions answered - Call for a free consultation or assessment of your needs (407) 792-6970.