How Can I Save My Home?

If you have come to the realization that you can no longer afford to make your monthly mortgage payment on your home, you need to act quickly. You can save your home from foreclosure, but only if you take the proper steps as soon as possible. There are many options available to homeowners who are struggling to save their home, and the experienced attorneys can help you determine the best course of action for your circumstance. Visit the foreclosure prevention page for more information.

If you are still able to afford a monthly payment, but not the one you are currently paying to your mortgage company, you may want to consider a loan modification. This involves negotiating with your lender on the terms of your loan. Many lenders are willing to discuss a loan modification so that they can avoid the costly process of foreclosure and eviction. You may be able to reduce your monthly payments, your interest rate, or the length of your loan.

Discovering a Beneficial Alternative

If you feel you can no longer afford a monthly payment, you may want to find out more information on a short sale. A short sale is when a lender agrees to sell a home for less than the value of the loan, and forgive the remained of the mortgage value. A short sale is a complex process, and it is essential that an attorney is involved in the negotiations, to ensure that as the homeowner you will not be held responsible for the portion of the mortgage that the short sale does not cover. Contact an attorney from the firm to learn more.

Price Law Group is a legal firm with over 20 years of experience. The firm has helped over 100,000 clients through their legal issues, whether it is bankruptcy, debt settlement, foreclosure prevention, or tax resolution. An attorney from the firm can evaluate your case and help you determine which course of action is best to help you save your home from foreclosure.