Home Affordable Mitigation Program and Short Sales

When a property owner is facing the possibility of foreclosure, a short sale may be an effective way to avoid the need for such drastic action entirely. Taking a high mortgage and negotiating with a lender to transform it into a short sale can offer a property owner precisely the relief that he/she needs in order to protect his/her financial future. Typically the owner would choose a short sale to avoid a judgment deficiency from the lender as well as a potentially better credit report.

Short Sale Attorneys

A foreclosure defense lawyer at The Porter Law Firm can assist a homeowner and their realtor with a short sale and can help ensure that it is carried out legally, effectively and efficiently. The lawyers at the firm have experience and knowledge in federal and state law and understand the foreclosure and short sale process. This professional knowledge and experience has proven to be crucial in order to effectively negotiate a fair and reasonable short sale and is essential in helping property owners navigate foreclosure.

With the current condition of the real estate market as a whole, an attorney’s expertise in the area of short sales and foreclosure are invaluable for the many homeowners whose financial futures are threatened by excessively high interest rate mortgages and ballooning monthly mortgage payments.

At The Porter Law Firm, a property owner can seek help from an experienced, aggressive and affordable short sale attorney who can help him/her successfully surrender his/her home by reaching quick, fair and equitable compromise with the lender.

Is Short Sale the Right Choice? Consult an Attorney

Ever more frequently a property owner must make a difficult decision about what to do if his/her mortgage payment have risen unexpectedly, or are going to rise in the future. A payment, which was already difficult to pay, may become impossible. Typically the homeowner has attempted a mitigation but has failed.

However, by consulting with an attorney, a property owner may find that the negotiation of a short sale is a real option to resolve the situation that they are currently facing. At The Porter Law Firm, our lawyers help residential property owners in many states faced with skyrocketing interest rates and increasing monthly mortgage payments find relief.