Our short sale on our investment property in FL has been approved for $175k less than what we still owe. The lender has agreed to release the lien on the property but has stated" the release of our mortgage does not constitute a release of the lia...
Your Realtor is WRONG and is dangerously close to the unauthorized practice of law. If you complete the short sale and do not get a waiver of deficiency, then the lender (or a 3rd party buying the claim) can pursue the deficiency. You should consult a lawyer BEFORE you complete the short sale and better understand your rights and options.See question
Foreclosure short sale Lawyer
If you are being sued for foreclosure, you definitely should consult a foreclosure defense lawyer.
The bank has an attorney, and you should have one too.
An attorney can assist with the short sale as well.
Please feel free to call my office for a free consultation, or call other lawyers to get info.
Please do not try to do this without legal assistance.
I have a one year lease with the owner of the condo that started May 1, 2009 The land lord has a $900.00 security deposit Yesterday I was given papers that a law suit has been filed against me and I have 20 days to give a written response to th...
I assume that you are named as a defendant because the landlord is being foreclosed upon and the bank is trying to extinguish your rights as a tenant.
You have rights vis-a-vis the landlord, and you have certain rights under federal legislation as a tenant.
But you cannot be liable under the mortgage and note if you are not a signatory.See question
ones that specialize in this..WHAT IS THE APPROX COST OF THIS? Please let me know...
We routinely represent clients in foreclosure cases who are trying to get short sales approved. Please feel free to contact our office for a free consultation. 888-830-0830.See question
i live in west palm beach fl. i was served papaers for forclosure with the court and i sent a letter of response before 20 calendar days. i am currently working on a loan mod with the bank. they still have no response. i just got a letter in the ...
While you may think that the bank is ready to negotiate with you on a loan modification, they are also actively pursuing their remedies in state court, by virtue of the foreclosure proceeding.
You need to retain a lawyer and answer the complaint and defend against the default and summary judgment motions.
Good luck.See question