For people who struggle to make their mortgage payments and fear a foreclosure is imminent, there is another option. At Mara & Mara, Attorneys at Law, we help people through the short sale process, which allows you to sell your property at a fair market value to alleviate your debt. The process may be rather harrowing, but our attorneys excel at providing personal attention to keep you comfortable throughout your legal journey. If you are located in Ormond Beach, Daytona Beach, or any of the surrounding areas, let us take care of you and your needs today.
Many homeowners who find themselves in extreme mortgage debt owe more on their mortgage than their house is actually worth. For some of these people, bankruptcy is not an option, so they turn to short sales. In a short sale, the lender allows the homeowner to sell the property at the current market value, and then the lender releases the lien on the house. If you owe $200,000 on your house, but the market value of the house is only $150,000, the lender allows you sell your property for the smaller amount. Our attorneys then seek a complete release from any remaining mortgage debt.
A common misconception is that it is impossible to gain approval for short sales. Work with a lawyer and you have a much greater chance of an approval of your short sale along with elimination of any remaining mortgage debt.
At Mara & Mara, we want to help you save money and stay secure for your future. Work with an attorney to achieve results such as:
Call Mara & Mara, Attorneys at Law today at 386.310.2685 or contact us online to arrange a consultation to discuss your possible short sale. Don’t let yourself fall victim to lender harassment and foreclosure threats — let us take care of your legal issues and help you to once again have hope. We help people facing these issues in Ormond Beach, Daytona Beach, and all surrounding areas.