The Short Sale Process In Florida
You may have purchased your home while employed in a high-paying job with an established and successful company. Fast forward to today. Your company is closed and you are out of work. The bills pile up. The mortgage payments fall farther behind. You can no longer afford to stay in your house under any negotiated payment plan.
At Ferrer Shane, PL, we provide options for our clients in Miami and throughout South Florida. One of those options involving a past-due mortgage or a property in foreclosure is a short sale.
Your desire to stay in your house when you are financially strapped has a price. That price is comes in the form of continuing mortgage payments. When you can no longer keep up, contact us at 305-262-2728 or toll free at 888-609-5947. We can help you facilitate a short sale of your home.
When a Short Sale Is Your Best Option
Short sales are a possible solution to impending foreclosure. No matter how many memories it holds, a beloved family home can become a growing financial burden due to a job loss or a variable interest rate that has skyrocketed to unaffordable levels. A loan modification may not realistic. You want to get out from under debt, but you don't want to deal with the embarrassment, credit rating damage, or possible deficiency judgment that comes with a foreclosure.
At Your Side Throughout the Entire Short Sale Process
At Ferrer Shane, PL, we help you through every step of a short sale. Our attorneys make a stressful process as easy as possible. Prior to formal foreclosure of the home, we will seek to negotiate a buyout for less than the loan balance. A short sale can occur if your bank agrees to forgive the difference.
The goal will be to unload a financial burden and allow the bank to receive more money than it would have after a sheriff's sale of the property.
Contact Us
For more information or to schedule an appointment with an experienced lawyer regarding a short sale of residential real estate, deposit recovery or any other type of foreclosure help, please contact us.
