Loan Modification

There are many options available to you when dealing with saving your home. The last decade has seen an increase in financial stress that has the very ownership of homes placed in jeopardy. As a Central Florida law firm, we have a duty to you in explaining your options and guiding you on what is best for you and your family. One of these is a Loan Modification in Clermont Florida and surrounding areas.

Let me explain. But before I do, understand that other options do exist. Bankruptcy, foreclosure defense and a short sale option, to name a few. So when you meet with us, we will look at all options available to you and chart a course that is best for your estate. Now, just what is a short sale. By definition a short sell according to Wikipedia: ” A short sale is a sale of real estate in which the proceeds from selling the property will fall short of the balance of debts secured by liens against the property, and the property owner cannot afford to repay the liens’ full amount and where the lien holders agree to release their lien on the real estate and accept less than the amount owed on the debt.” I effect you are selling the home for less than you owe.

Now that might sound good, but in order to get one the bank needs to approve the terms for the home to be sold at a lower price. This is the tricky part and the negotiation skills of an attorney are paramount to accomplishing this. At BCN our Clermont Loan Modification Attorney has a symbiotic relationship with you and the lender. They know it would cost more in the long run to sit on the house and evict you, so in most cases we can broker a deal and get an approval to short sell the residence. Just that alone is a great benefit for you. Now the really hard part. Let’s sell this home!

We have developed great relationships with area real estate brokers and agents in Central Florida, so when it comes time to sell the house we get them busy. There are no sure guaranties, but with the partners we have, it makes the possibility of selling the property greater. Our Loan modification lawyer in the Florida area will be with you through the whole process, and the staff we have in place are always available to answer your questions.

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