Get Help with Your Mortgage & Foreclosure at Every Step
Attorney Carolyn Secor, P.A., has a successful track record of helping Clearwater families with mortgage-related legal matters. She understands how challenging it is to face a home foreclosure and is dedicated to assisting Clearwater homeowners to face foreclosures with realistic, skill legal advice. She will carefully consider all of the factors in her client’s cases and develop innovative solutions. She has helped many clients who are facing foreclosure stay in their homes through loan modifications.
Contact an Experienced Clearwater Foreclosure Lawyer Today
Attorney Secor has helped many clients secure a mortgage to purchase the home of their dreams. Whether you are facing a foreclosure or you need assistance securing a loan to purchase a home, she can help. If you are in Pasco County, Hillsborough County, or Pinellas County, attorney Carolyn Secor, P.A., can help you stay in your home. Contact Carolyn Secor, P.A., today to schedule your initial consultation and learn how she can advocate for your best interests.
Guiding Clients Through Foreclosures
Carolyn Secor, P.A. has helped many Clearwater families navigate the hardships faced with the uncertain future presented by a foreclosure. She knows how to stop foreclosures from happening and will work diligently to stop the foreclosure process permanently. If you are facing a foreclosure, there are legal processes available to you that will allow you to stay in your home.
An experienced lawyer will guide you through every step of the foreclosure process while taking advantage of any opportunities to stop the foreclosure permanently. When you hire a foreclosure lawyer, you can force the bank to prove its foreclosure case against you, giving you extra time to explore other options available to you such as loan modifications, short sales, or bankruptcy. Wherever you are in the foreclosure process, an experienced lawyer can give you the extra time you need to create a winning strategy.
Requesting a Mortgage Loan Modification
If you are involved in a foreclosure, you can request a mortgage loan modification, which will permanently change the terms of the lender’s loan. A loan modification can help you become current on your payments, resulting in lower mortgage payments. In some cases, a loan modification will reduce the principal of the loan, as well. Finalizing a complete foreclosure is expensive, and banks are motivated to provide loan modifications when possible. However, the loan modification process isn’t easy. It can be a lengthy process that involves increased interest rates or lengthening the term of the loan. Requesting a loan modification is worth considering because it can reduce the cost to you as a borrower and the lender. Under the right circumstances, many lenders are willing to negotiate a loan modification to avoid the expensive foreclosure process.
Short Selling Your Home to Avoid Foreclosure
Another option for those facing foreclosure is to short sell their house. Even if you do not have any equity built up, you still may be able to sell your house through a short sale. The short sale process allows you to sell your home at a price less than what you currently owe on your mortgage. However, short sales are only possible if your lender agrees to the process.
The short sale process can be complicated and time-consuming. It typically involves lengthy negotiations with the lender. If you are considering the short sale process, you need an experienced lawyer who will advocate assertively on your behalf with the lender. Your lawyer will need to convince the lender that it is more beneficial to allow the short sale process and take less than what you owe now than to foreclose on the home and try to sell it later. Attorney Carolyn Secor, P.A., has a proven track record of successfully negotiating short sales for her clients’ benefit.
Filing for Bankruptcy
If there are no other options available to you, you may need to file for bankruptcy. Doing so will allow you to restructure your debt and protect you from losing your family home. When you go through the bankruptcy process, you will lower the total amount of debt you owe to creditors. You can also extend the time you have to pay the debt owed on your other loans. In many cases, the bankruptcy process frees up additional cash to allow you to keep making your mortgage payments.
Many bankruptcies become necessary due to health problems, mortgage-related challenges, business failure, and divorce. Even though bankruptcy may seem like an extreme financial action to avoid foreclosure, it can help you and your family stay in your home while securing a fresh financial start. Attorney Carolyn Secor, P.A., can provide you with counseling and advice as to whether bankruptcy could be a good option for you and your family.
Purchasing a home for the first time is part of the American dream. Attorney Carolyn Secor, P.A,. understands how challenging it can be to secure a home loan and how life-changing it is for families. She helps her clients obtain a mortgage loan modification or other necessary mortgage assistance. She works to ensure that the mortgage lenders and the borrowers seeking to purchase a home are communicating effectively.
Her services include mediation and financial counseling for home buyers. When the loan mediation process occurs, lenders and banks have the authority to approve a settlement agreement. Attorney Carolyn Secor, P.A., ensures that lenders and banks do not take advantage of her clients and that they receive the best result possible from the mediation process.
Contact a Foreclosure and Mortgage Assistance Lawyer Today
Whether you are trying to keep your home in the foreclosure process or secure a mortgage to purchase a home, attorney Carolyn Secor, P.A., is here to help. Contact her Clearwater law firm today to schedule an initial consultation to learn how she can help you