Orlando Short Sale Attorney
Why Opt for a Short Sale?
Short selling is often a good solution for a home buyer who has purchased a home that is now worth far less than the original purchase price. In such cases, a "short sale" could be a good option to resolving the situation and avoiding foreclosure.
Our legal team can assist clients with determining how a short sale could be worked out and the helping them through the process. If you have purchased a home and it is now worth far less than the original buying price, it is crucial that you contact us to discuss your various options. A mortgage modification can also be possible, depending upon your situation.
Many homes in Florida have lost much of their value, and our state has the biggest decrease in real estate values in the country. If you are facing foreclosure and feel that you may lose your home, short sales may be a legitimate and promising option for you and your family.
Reach out to a short sale lawyer in Orlando today! Contact Law Offices of Joseph J. Mancuso, PA at (407) 378-5488 or online. Your initial consultation is free of charge!
Short Sale Vs. Foreclosure
A short sale may enable you to avoid losing your home to foreclosure and could help you maintain a good credit score. If you and your family have fallen on hard times and don't know where to turn, a short sale may be the answer. Lenders will usually accept less than the amount owed because they believe they can expedite selling the house.
Foreclosure is costly and most lenders do not want to incur the legal fees associated with it. A worst case scenario for the borrower is losing their home and then being pursued for the additional amount of money not recovered in the sales.
Call for a Free Consultation
In countless cases, homeowners in Orlando owe more on their mortgage than what the current value of the property, and have had their mortgage payments increase to an unreasonable level. An attorney may be able to negotiate with the lender on the balance of the loan.
Debtors executing short sales without legal representation risk being put in a worse situation with their debt through "deficiencies." This is worse than if you had never done a short sale at all. Be cautious when entering into a short sales transaction, it is not recommended without the aid of an attorney. A lawyer can assist you in avoiding large tax liabilities. Speak with an Orlando debt relief lawyer from our firm if you are interested in finding out more.
See if a short sale is an option for you. Contact an Orlando short sales attorney at our firm. We're backed by nearly 100 years of experience.
What Sets Us Apart?
Our team of skilled and understanding professionals proudly provides comprehensive and efficient services for all Clients.
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Almost 100 Years of ExperienceOur firm brings nearly a century of collective legal experience, ensuring you receive trusted, expert guidance throughout your case.
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Financing Options AvailableWe understand financial stress and offer flexible payment options to ensure legal help is accessible without added burden.
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24/7 Availability to ClientsWe're always here when you need us, providing round-the-clock support so that you never feel alone during the process.
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Free Initial ConsultationWe offer a no-cost, no-obligation consultation to help you explore your legal options and take the first step toward financial relief.