Thursday, October 16, 2008

I've spoken to my Florida Mortgage lender about my pending mortgage default in Florida, and they just want all their money. Can you still help?

I've spoken to my Florida Mortgage lender about my pending mortgage default in Florida, and they just want all their money. Can you still help?


Yes. Many of our clients have experienced this same kind of inflexibility from their lender before calling us. You're bank is going to try to put you into something that will benefit them first and put your needs last.

Our staff has years of experience working with a variety of lenders and banks and we have the credibility and reputation to work with even the toughest lenders. We have direct contacts with most lenders and banks and we are always taken seriously.

Reinstatement Plan


A Mortgage Reinstatement Plan is where your lender will reinstate the original terms of your loan once you are caught up.

Repayment Plan


A Mortgage Repayment Plan is where your lender will tack on an extra amount onto each payment for a set period of time.

Loan Modification


A Mortgage Loan Modification is where you negotiate a restructure of your current loan terms without refinancing.

Loan Refinance


Refinancing your Florida Mortgage may be an option if you have the equity and credit required.

Forbearance Agreement


When your lender negotiates a repayment plan it is called a Forbearance Agreement. The lender may force you to list your home for sale.

Short Sale

A Property Short Sale is where you sell your property for less than you owe but your lender accepts it as payment in full.

Pre-Foreclosure Sale

In a Pre-Foreclosure Sale, you agree to sell your property before foreclosure takes place. (A Pre-Foreclosure Sale usually requires equity)

Deed-in-Lieu of Foreclosure

A Deed-in-lieu of Foreclosure is where you agree to sign your property back over to your bank and simply walk away.

Bankruptcy

You can file bankruptcy to protect yourself, but if you miss one payment you will be right back in foreclosure.

Saturday, October 11, 2008

Florida Attorney Mortgage Crisis Support

Welcome!

This blog exists assist struggling Florida homeowners in renegotiating their loans with their lenders or locating qualified buyers and negotiating with lending institutions to come to a fair resolution. The law firm of Laurence Weisberg stands ready to provide the necessary resources to connect sellers in distressed situations (including Property Owners, Banks, and Builders) with willing and able buyers.


The distressed mortgage world consists of two major groups.

* Investment groups seeking to capitalize on the glut of low priced housing as a result of the Florida Mortgage Crisis.
* Individuals and corporations suffering from a falling real estate market and mortgage rates that are making their housing investment unaffordable, likely facing foreclosure.

The Boca Raton Florida Law Office of Lawrence Weisberg supports the unique needs of

As a distressed Florida homeowners, it is imperative that you seek legal assistance to analyze your options including:

* locating financing to retain your property
* "short refinancing" your lender
* locate a buyer
* obtain "Short sale/payoff" approval from your lender,
* negotiate with your lender to modify their mortgage.

Our Law firm will provide access to distressed properties and excess inventory that must sell fast and is priced accordingly for those investing in today's distressed Florida Real Estate Market, in addition to supporting Homeowners trying to recover from their mortgage crisis.

Everyone wins - distressed sellers have access to competent individuals that can assist them and savvy buyers gain access to distressed properties bank foreclosed properties, builder liquidation closeouts, home auctions and volume buying opportunities.