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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 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.

    “A few details and after learning about his firm I signed an engagement letter!”
    I spoke with a couple of my attorney clients about how to obtain surplus funds for a family member and they were unfamiliar with the process so I googled attorneys who specialize in obtaining surplus funds. Ben’s name was the first to pop up. I sent an email with a few details and after learning about his firm I signed an engagement letter. Within a couple of months we received a check.
    D.L.
    “I could not be more pleased with Haynes Law Group”
    I could not be more pleased with Haynes Law Group. After two years of legal maneuvering and getting nowhere trying to negotiate with my bank, I was referred to Ben Haynes by my son. What a pleasant surprise this has been. From the prompt, courteous and personal attention I receive when contacting the firm, to the information and guidance through complicated legal matters, and disclosure of the process. I don’t think I have had a better return for my money. Thank you Haynes Law Group for giving me back what I have not had in a while; peace of mind.
    Roberto
    “Awesome”
    Ben, You and your team saved me from foreclosure . The idea of this ever happening to me was unfathomable . It brought me to my knees , but you turned that around for me. The referral for a real estate agent, Tonya Giddens was a blessing. She is amazing! I could not have managed this very difficult time without her. I trusted her from the very first time she spoke with me. Thank you so very much for representing me . You and your team were very responsive to me and very professional . I so appreciated that. I hope you all have a happy and prosperous new year!
    Cheryl Bergeron
    “Mr. Haynes fought the Bank and got the Judge to vacate our sale!”
    Haynes Law Group did an excellent job handling our case. The Bank had received a judgment and sold our property at auction! We quickly hired Mr. Haynes in order for him to try and save our property, even after the foreclosure sale. Mr. Haynes fought the Bank and got the Judge to vacate our sale! I would recommend hiring this firm. The communication and knowledge are second to none.
    R.W.
    “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.

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