Florida is a prime real estate location. Many young married couples move here to grow their families. Others are older and ready to retire from the workforce. There is a lot of buying and selling going on throughout the state. Unfortunately, many homeowners run into financial problems that impede their ability to make mortgage payments, which can lead to foreclosure.
There are often steps mortgagors can take avoid losing their homes. Several types of bankruptcy, in fact, put a stay on the foreclosure process. This is why it is always best to speak with someone well-versed in foreclosure and real estate laws to obtain help in exploring what types of options are available.
To think of losing one’s home, perhaps after working for years to be able to buy and maintain it, then living there for a decade, or more is upsetting — to say the least. Lenders are often willing to agree to alternate payment plans. This often means debts get paid but homeowners can keep their assets.
In certain circumstances, business owners can be forced into foreclosure. Then again, sometimes a court denies such petitions. As long as options are available, there is hope, and the attorneys at Cuevas, Garcia & Torres, P.A., are fully equipped and willing to help you overcome problems regarding any and all aspects of Florida real estate law. Having an experienced attorney review your mortgage contract is a first logical step to take when the ultimate goal is to avoid losing a home, which is typically a homeowner’s largest asset.