Mara & Mara

Professional Lawyers Negotiate Your Deed in Lieu of Foreclosure

Avoid foreclosure with this option

When you face foreclosure, you still have options that can prevent you from losing significant amounts of money and property. One of these options is a deed in lieu of foreclosure. The knowledgeable team at Mara & Mara, Attorneys at Law helps you to negotiate a deed in lieu of foreclosure. We understand the anxiety that you feel when a foreclosure is imminent, but our warm and personal approach to foreclosure law puts you at ease and helps you to retain hope.

What does a deed in lieu of foreclosure do?

A deed in lieu of foreclosure is an agreement whereby the bank agrees to accept a deed transferring the borrower’s interest in a piece of real estate instead of the bank having to attain title via a foreclosure proceeding. The attorneys at Mara & Mara seek to release the borrowers from all or most of their debt for the property.

When you work with a lawyer to negotiate a deed in lieu of foreclosure, several conditions must exist, including:

  • Voluntary entrance into the agreement by both sides
  • Settlement agreement must meet fair market value for the property
  • Entering into the agreement in good faith

Work to prevent foreclosures in Daytona Beach & Ormond Beach

Let us help ease your foreclosure anxieties -- we are here for you. The legal team at Mara & Mara works with you to negotiate your deed in lieu of foreclosure and reap its benefits, which include:

  • More generous terms. A deed in lieu of foreclosure is a much more favorable option for a borrower, and you receive much more generous terms from it than from a foreclosure.
  • Avoiding notoriety. A foreclosure is a stressful and occasionally embarrassing experience. Avoid the public notoriety of a foreclosure with our help.
  • Clear your loan debt. With a deed in lieu of foreclosure, you may be released from any remaining debt owed to the lender.

Work with our dedicated legal team today

Call the foreclosure attorneys at Mara & Mara, Attorneys at Law today at 386.310.2685 or contact us online to arrange a consultation to discuss your foreclosure issues. You have options that can save you from the burden of foreclosure proceedings, and our friendly lawyers want to help you with them. We serve residents in Ormond Beach, New Smyrna Beach, Daytona Beach, Palm Coast and the surrounding areas.