Real Estate Lawyers
Have you missed several payments on your home loan? Are you looking for a way to prevent mortgage foreclosure?
If you are facing foreclosure, you are not alone. Many homeowners in today's economy have been unable to keep up with their home mortgage payments because of job loss, reduced income or increased living expenses.
In these difficult times, you do have options. It may be possible to save your home by renegotiating your home loan. Contact the law office of David J. Crandall today to arrange a free consultation with an experienced real estate attorney today.
Helping You Avoid Home Foreclosure
Many banks and mortgage companies don't really want to foreclose on property. Lenders incur legal fees, sale expenses and other costs in the foreclosure process — and they seldom recover the full amount that is owed on the mortgage. What they really want is to be paid the money they have loaned to the homeowner.
Both of the real estate attorneys at our firm have the legal knowledge and negotiation skills needed to help you find an alternative to mortgage foreclosure. In fact, attorney David J. Crandall has been a licensed real estate broker for over 35 years.
We may be able to help you with:
- Home loan modification: By working with your lender, it is sometimes possible to renegotiate your loan, lower your interest rate, lengthen the term of the loan or reduce the amount of your monthly payments.
- Selling your home: If your house is worth more than the amount of your mortgage, you may be able to sell your house and keep the profit.
- Short sale: If you owe more than the house is worth and simply don't have the money to pay a monthly home mortgage payment, it may be possible to get your lender to agree to a short sale or a deed in lieu of foreclosure.
- Forbearance Agreement: If you are behind on your home mortgage because of a temporary setback, your lender may agree to let you stop making payments for a short period.
You may also be eligible for assistance under various state or federal programs designed to help financially troubled homeowners.
To learn more about home loan modification and other methods of saving your home from foreclosure, please contact our firm.
Our law firm has been serving clients throughout the San Fernando Valley and Ventura County since 1974. Our fees are always competitively priced.
