Skilled Tampa Florida Deed In Lieu of Foreclosure Attorney
How can a deed in lieu of foreclosure help me?
A deed in lieu of foreclosure is an alternative to the traditional foreclosure process in Florida in which it may be possible to negotiate with the lender or servicer that handles your mortgage. A deed in lieu can be evaluated by your mortgage company or servicer during the loss mitigation process. A deed in lieu of foreclosure takes place when the owner executes a deed for the subject property over to the lender instead of having the lender go through the court system to complete a foreclosure case for the property. In some circumstances, a deed in lieu is a viable option for owners who have already “walked away” from the property, owned the property as a second home or investment property, or simply do not want to suffer through a stressful and drawn-out legal battle in court. It is important to carefully and strategically negotiate a deed in lieu with your lender in order to make sure that your interests are protected and that it is handled the correct way. If successful, a deed in lieu of foreclosure can help the homeowner to avoid the foreclosure process and ultimately may result in the matter being reflected in a better light on your credit report once the process is completed.
An attorney can review your case and personal situation to give you advice so that you can make the best decision based on your circumstances. They can also assist by acting as your legal representative to advocate on your behalf and negotiate with your mortgage company or servicer of the loan. A deed in lieu can be an intricate process involving many different layers, where you must carefully deal with the mortgage company, its attorneys and representatives, plus the legal system. There is an immeasurable benefit to having an attorney fighting for you and communicating with the other parties involved on your behalf, which saves you a lot of stress and valuable time. Since each case is unique, it is best to approach a deed in lieu of foreclosure by having an experienced real estate attorney analyze your case and then review your options with you.
We serve clients across the following counties.
Contact a trusted foreclosure Florida attorney for all your real estate needs
You can count on our Firm’s excellent representation and first-rate service and with several years of experience working with families, HOAs, condo associations, property managers and real estate developers throughout Florida, our attorneys have successfully resolved a wide range of real estate issues. Please call our Tampa office at 813-489-1040 or contact us online today to review your legal matter and how we may be able to help.