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.
Kept me at ease.
“This firm eased my worries. They stayed on top of everything. Even during COVID. They were extremely patient with me. Kept me in the loop. Explored all my options. Their prompt and detailed service was much appreciated. Their customer service was very kind. Their price for service was reasonable. Loved the payment plan options they provided. Thank you for all you have done for me regarding the foreclosure case. I would recommend them to any and everyone”
Very pleasant and polite.
“Very pleasant and honest. Was not the correct specialist for my situation but took his time and provide me with information to seek out an attorney who could help.”
“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!”
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 24/7 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.