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Having problems with making your monthly house payments?
Is your property worth far less than you owe?
You know that you are not alone. Many people are confused whether they should hire an attorney or a loan modification firm to assist them in saving their home.
While Florida allows you to use a loan modification firm to negotiate with your lender, they cannot advise you of your legal rights or represent you in court to fight foreclosure. Why would you want anything besides competent attorneys working on your side when your home or investment property is at stake? This is a crucial decision if you are committed to saving your home.
Having the right attorneys to advise you of the complex foreclosure process is the first step in saving your home.
When speaking to a foreclosure assistant firm, or loan modification company, you need to ask yourself,
“Can they advise me of my legal rights? Can they represent me in court?” The answer is No.
If they are not licensed foreclosure attorneys, they cannot represent you in court, and often, they cannot get you a better loan modification than you can do yourself.
Retaining the right foreclosure attorney is crucial in getting your foreclosure stopped; our attorneys will aggressively litigate your foreclosure case, and help keep you in your home.
“If I cannot afford my mortgage, how am I supposed to hire an attorney?”
Many people think that hiring an attorney to represent them in saving their home would be out of their financial reach, but this is a misconception. When facing the loss of an asset worth hundreds of thousands of dollars, you need to remember that everyone can and should hire a foreclosure attorney. Working with the law firm of Sasso & Teuber, PL, we will help you save thousands of dollars and buy you peace of mind.
Taking Action against Predatory Lenders and Brokers
You may be facing foreclosure because of your lenders’ deceitful and inappropriate procedures. Our firm will diligently examine your loan documents to verify whether you can pursue any claims against predatory lending practices such as:
•Unwarranted fees or inappropriate prepayment fines
•Fraudulent disclosures of loan conditions
•Violations in RESPA and TILA
Negotiations and Legal Action Based on Your Goals
Equipped with the outcome of your loan evaluation, we will work together to develop a plan based on your goals. Suing your lender is just one option. Contingent upon your situation and the position of your lender, we may be able to negotiate:
- A forbearance agreement, refinancing agreement or mortgage modification – resulting in an alternative payment plan that avoids foreclosure
- A loan/mortgage modification
- A reinstatement by paying your lender the entire past due payment will bring your mortgage current; this option is rarely feasible.
- Selling your home – you may simply sell your home before the foreclosure sale date. Sometimes, the homeowner is unable to sell the home outright at the desired sale price and this is not an option.
- Short Sale - we may be able to negotiate a short sale on your behalf with your lender. In this instance, the lender may take less than what you owe on the loan to avoid a lengthy and costly foreclosure process.
- Deed-In-Lieu of Foreclosure – we can arrange for you to simply give the home back to the lender and walk away with a clean slate.
- Reduction--sometimes the lender will excuse the portion of your balance to less than the loan amount
- Bankruptcy – this is a last resort. This will only save your home temporarily. If you miss one payment during this process the lender will put you right back into foreclosure.
- Litigation – after forensic loan analysis, if our attorneys find any violations of RESPA or TILA, we may be able to take your lender to court
We will explain all of your legal protections and options afforded to you by the law
Click on this link to go to our contact page
and someone will get back to you within
48 hours to set up an appointment.
An initial consultation is $250.00 per hour and will provide you with a host of options and opportunities, insight, as well as consequences you may not otherwise consider. When facing foreclosure on your home, you need to understand all of your legal options – and how you can use them to your advantage.
We will determine whether you have defenses to the bank’s claims and provide you with a forensic review of your unique situation. This is money well spent as it will provide you with a good understanding of the current law, climate in the foreclosure system, and give you options you may not know you had.
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