Are you finding it hard to make your monthly mortgage payments on time? Has the bank threatened to foreclose on your home? If so, you're in good company. While the economy is recovering, foreclosures are still common throughout the Orlando area, and many people facing foreclosure are not aware of the options available to them. Before you allow the bank to foreclose on your home, it is wise to consult with a knowledgeable Orlando real estate lawyer. Your real estate attorney can help you determine whether a mortgage loan modification might help your situation, and will work to find a solution that both you and your mortgage lender will find agreeable.

With over 40 years of legal experience, attorney John G. Pierce of Pierce & Associates, P.L., has represented clients throughout the greater Orlando, FL area who are facing foreclosure. We offer flexible appointment scheduling options and free consultations, so it costs you nothing to speak to a veteran Florida real estate attorney about your situation before you allow the bank to foreclose on your home.

Loan modification in Central Florida

In many cases, Florida homeowners who are facing foreclosure may qualify for loan modification. Mortgage lenders aren't always upfront about the options offered, and negotiating the terms of a loan modification can be frustrating. Through loan modification, you may be able to change the terms of your existing loan, such as the interest rate, monthly payment amount, amortization (the length of time before your home is paid off), and in some cases, you can get missed payments forgiven through the loan modification process. Having representation from a knowledgeable Central Florida real estate lawyer can make a huge difference when it comes to loan modification. Your real estate attorney will act as your representative to your lender, negotiating the terms of your loan modification and handling all the necessary paperwork, phone calls, and faxes.

Short sales in Central Florida

In many cases, you can avoid foreclosure by agreeing to a short sale with your lender. While short sales often benefit both mortgage lenders and homeowners, the process can be complicated, and many homeowners would prefer not to sell. If loan modification is not an option, a real estate attorney can help you through the short sale process to ensure that your rights are being respected and your short sale is done with respect to your best interest.

Contact us today for a free consultation

If you are facing foreclosure, don't give up hope yet. Contact the offices of Pierce & Associates, P.L., and tell us about your situation. We are committed to helping you find a solution that works for you. Call us today at 407-982-7228.