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 your house’s current appraised value.
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.
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We had given up hope of saving our home from foreclosure when a friend recommended the law firm of Haynes & DePaz. What a blessing. With personal help and encouragement, Mr. Haynes and his staff guided us through the case. They were quick to respond to email messages and phone calls. And best of all - Success! We now have a mortgage we can live within the home where our children were born and grew up. Exactly where we want to be! Haynes & de Paz saved our family home and we are forever grateful!B.G.
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After dealing with the mortgage company for a year, trying to modify our home they would not budge nor help us in any way that we had to get a lawyer. After reading all the testimonials I had to go with Ben and his team, so glad we did. He was able to dismiss our case, sell our home, and get us money from the sell for us to put down on a new home. Thanks so much Ben, Ashley, Tonya and your whole team for all that you do Couldn't be more grateful.C.B.
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On the afternoon that my deceased uncles home was foreclosed and auctioned I received phone calls from people who knew about the mortgage surplus before I did. Calls were from all over the US. Fast talking people telling me I needed to pay them to claim the funds and all the undesirable things that would happen if I did not hire them. After two weeks of trying to go it alone with the courts I found Mr. Haynes. On the first call he was able to weed through and understand the complications of our situation. He told me he was confident he could claim the funds for the heirs. Today we got the news we would receive a check. A great experience with a very sharp man who really knew all the in’s and out’s of Florida foreclosure surplus law and saved us thousands!E.M.
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When it seemed hopeless, Lawyer Benjamin Haynes fought and won a $92,873.91 foreclosure surplus for our family! We approached Mr. Haynes after the foreclosure sale on our property. There was a surplus of around $93,000.00 and a second mortgage of around $170,000.00. Therefore, we thought we had no chance to collect the surplus since there was a second mortgage which takes priority over our claim, per Florida law. However, Mr. Haynes took our foreclosure surplus case and started digging very deep! Through Mr. Haynes’ extensive research, he came up with an argument and won in court! The bank didn't know what hit them! We won nearly a $93,000.00 surplus. We received the check in full the next week from the court! If you have a surplus case, you NEED to contact and hire the law firm of Haynes & de Paz. Mr. Haynes will not give up and will work to win you the surplus funds! Now, my wife and I are able to put a down payment on another property. Thank you Mr. Haynes and the law firm Haynes & de Paz!!!!!T.Y.
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Haynes Law Group is a responsive, resourceful, and caring lawyer who offers sound advice and legal counsel. Anyone should count themselves lucky to have him protect their best interests. I, for one, do.Jessica
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