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Strategic Default

Strategic Default Option in Orlando

Counsel from a Seasoned Florida Foreclosure Attorney

Looking for an option to avoid paying off a mortgage for more than two or three times what your property is now worth? Many individuals become deeply buried underwater, meaning they owe more on a mortgage than what their house’s current appraised value is.

What Is Strategic Default?

In Florida, the process of strategic default occurs when the borrower decides to intentionally stop making payments on either a loan or mortgage in order to strategically get out of a mortgage. If you believe that a strategic default may be a good option for your situation, take legal action today.

Get started on your free consultation with our seasoned Orlando foreclosure attorney by calling (888) 252-8754 today. 

Retain Trusted Legal Advice Today

At Haynes Law Group, we pride ourselves on delivering thoroughly developed legal counsel, ensuring that our client’s real estate issue are resolved in a favorable manner. Our foreclosure defense attorneys can help you determine the best option for your particular situation.

What Are Alternatives to Strategic Default?

When you are deciding whether or not strategic default is the right option of you, it is important to consider the negatives as well as some of the alternative options that are available to you. A strategic default may cause your credit score to drop, lead to future housing issues, and other complications.

Some of the alternative methods to strategic default include:

  • Short sales
  • Deeds in lieu of foreclosure
  • Liquidating property
  • HARP refinance
  • HAMP Loan modification

Benefits of hiring our firm:

  • Available to provide assistance
  • Experience handling thousands of cases
  • Reasonable payment plans available
  • Free initial consultations available

If you pursue this strategic default strategy, it is imperative to consult with a knowledgeable Orlando foreclosure attorney who can offer important guidance in this process.

At Haynes Law Group, we can skillfully help you navigate the default process, ensuring your best interests are protected throughout the entire process. Don’t go through this time alone! Our legal team can provide the counsel you need.

Call (888) 252-8754 or contact us online today!

Our Clients Share Their Stories

At Haynes Law Group, your satisfaction is our priority! See for yourself what our clients have to say about working with us.

    “I can't say enough about this firm.”
    I can't say enough about this firm. I literally had 24 hours to file with circuit court or lose surplus funds from my father's Florida property. I goggled how to file myself and Haynes & De Paz popped up. I contacted them and they went to work immediately. Did every thing they said they would and collected the funds. Thank you!
    K.S.
    “I would highly recommend Attorney Haynes if the need arises!”
    I wanted to take this opportunity to thank Attorney Benjamin Haynes of Haynes and de Paz, P.A. for the counsel and guidance provided by him and his firm during my recent real estate foreclosure activity. His recommended approaches provided me the time necessary to list and complete a “short sale” of my property. Real Estate Foreclosure activities are often convoluted and intimidating and engaging Attorney Haynes was an excellent decision on my part. His representation enabled me to concentrate on moving forward while he dealt with the intricacies’ of the myriad Foreclosure statutes. With his assistance I was able obtain much needed relief from the pending Foreclosure action. I would highly recommend Attorney Haynes if the need arises.
    W.B.
    “Thanks to Haynes Law Group we have our home.”
    I went to Haynes Law Group on short notice, literally the day before my foreclosure case. Attorney Haynes worked with me against all odds. They were very honest as to what should be expected. They worked with us allowing us to make affordable weekly payments. They immediately got the foreclosure process halted, and worked diligently in getting the loan modification WE WANTED with even better terms than expected. Always made themselves available throughout the entire process. Thanks to Haynes Law Group we have our home. We thank you.
    A.R. & J.T.
    “I truly appreciate it, truly the GOLD standard of service from you and your office!”
    Thank you so much for the clarification and the time and effort spent on this case. I truly appreciate it, truly the GOLD standard of service from you and your office.
    R.W.
    “I want to say thanks for the great professional service provided by you and your staff!”
    Ben, I want to say thanks for the great professional service provided by you and your staff from the first call and consultation to winning my foreclosure surplus funds! You gave me great confidence that you understood the laws very well and would give me the best representation for handling my foreclosure surplus case.
    B.H.

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