How can I Save my Home?

Fight for Your Rights!

When you find yourself in a position where it looks like you will lose your home, you may be wondering if there are any options available to you. There are actually many options at your disposal, if you act quickly, and don't wait until the last minute. If you are interested in saving your home and avoiding foreclosure, contact Price Law Group to discuss your options. If your home has not yet gone into foreclosure, you may want to consider contacting your lender to pursue a loan modification. A successful loan modification can change the terms of your loan, so that you can have a monthly payment that is more affordable for you. Because of the economic recession, many people have mortgages that are worth far more than the value of the home. As a result, many lenders are willing to come to the table and negotiate with homeowners on their loans. Besides lowering your monthly payments, you may be able to reduce your interest rate, the term of your loan, or other options. This is a viable solution for homeowners who are able to afford a monthly payment.

If you are unable to continue to make a monthly payment, you may want to discuss a short sale with your lender. A short sale is when a lender agrees to let the homeowner sell the house for less than the value of the loan, and forgive the remainder of the loan. Short sales can be complicated, as the terms must be worked out through the homeowner, lender and a Realtor. Additionally, the lender has to agree to forgive the deficit of the loan. If you are attempting to negotiate a short sale with your lender, you need an attorney on your side to help you make sure you are not going to be held responsible for the part of the loan that is not paid off.

Fighting to Protect Your Best Interests

While you may not want to consider bankruptcy, it can actually be a beneficial way to discharge your debts. At Price Law Group, we have over 20 years of experience helping homeowners avoid foreclosure, and we may be able to help you, too. Whether you are attempting to negotiate a loan modification, a short sale, or filing for Chapter 7 or Chapter 13 bankruptcy, we can represent you in negotiations with your lender and make sure you take every necessary step in these complicated financial procedures. We have helped over 100,000 clients with their home and bankruptcy cases, and we may be able to help you, too.