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Short Sales: Work With Your Lenders for a Resolution

Orlando Short Sale Attorney

Avoiding Foreclosure in Longwood, FL

Is your home under threat of foreclosure? Do you have mountains of debt, or have you lost your source of income due to job loss, divorce, and other factors out of your control? Opting for a short sale of your home can help relieve you of the burden. The loan lender or owner to whom you pay for the property can expect to receive most of the proceeds of the sale, and you have a chance to release yourself from financial responsibility.

Reasons To Choose Our Firm

  • Available 24/7
  • Extensively Experienced
  • Thousands Of Case Handled
  • Ethical & Dedicated Lawyers
  • Free Case Consultations Provided
  • Legal Services Available To Homeowners Throughout Florida

A short sale means you are upside down on payments—you owe more than what you can currently pay off. The greatest advantage of a short sale is that you can avoid foreclosure and prevent a negative mark from showing on your credit report. The key to having a successful short sale is to retain a knowledgeable Longwood real estate lawyer to handle your case for you.

How the Short Sales Process Works

You will work out an agreement with your lender that the property will be sold at a cost that is currently less than what you owe on your mortgage. For obvious reasons, some lenders may have some difficulty seeing eye-to-eye on negotiations, but ultimately, foreclosure is riskier to both you and the lenders. You can find some comfort knowing that many lenders are willing to work with you.

Here is a general outline of the how the process takes place:

  • The property is evaluated and valued.
  • The short sale application and paperwork are filed.
  • The homeowner shows how he or she is having hardship.
  • The short sale package is then created.
  • The lender reviews the package.
  • The short sale receives approval.
Now, the short sales process is not the same for each and every home, and will depend greatly on how the lender decides to handle the situation. The strength of your application will lie on how compelling the reasons are behind your hardship, the overall value, and if you have found a potential buyer to take over the property. Don’t forget, as well, there are additional expenses, taxes, notary fees, and other closing costs. It is important that you consult with a Longwood foreclosure defense attorney to help minimize any added or unnecessary expenses.

We have successfully handled numerous real estate litigation cases. Take the necessary precaution now and contact Haynes Law Grouptoday to discuss your short sale matter.

The Client Experience

  • “My wife and I are so thankful for the help of Benjamin Haynes of Haynes Law Group.”

    R.C.
  • “We would like to thank Attorney Haynes and his staff for their flexibility, patience and professionalism throughout the entire process!”

    A.M. and Family
  • “Great law firm.”

    LL Lake Mary, FL
  • “We would trust Haynes and De Paz to represent us again!”

    Paul & Matt
  • “You won me the full amount of my foreclosure surplus funds without having to pay any other parties!”

    J.M.
  • “I was so impressed with the outcome and how I was treated.”

    Laura
  • “I appreciate all their hard work and would recommend them if you find yourself in the same situation.”

    S.P.
  • “I would highly recommend Attorney Haynes if the need arises!”

    W.B.
  • “Because of you amazing representation, I was able to get the EXACT outcome I was hoping for!”

    C.R.
  • “Haynes Law Group helped me collect nearly a $79,000.00 foreclosure surplus!”

    A.H.
  • “Thank you for helping me achieve a positive resolution.”

    Veronica
  • “Haynes and De Paz is an extremely talented and results driven law firm!”

    B.G. &T.G.
  • “Thank you for helping us through a very tough time!”

    S.K.
  • “I could not be more pleased with Haynes Law Group”

    Roberto
  • “The bank didn't know what hit them!”

    T.Y.

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