You made a smart investment and cannot blame yourself for unforeseeable changes in the market that put you at risk. Countless homeowners across the country are facing similar predicaments from no fault of their own.
Everyone has a story. Maybe you lost your job, went through a divorce or have extensive bills from a personal injury accident. If your financial situation has spiraled out of control, you do not have to feel trapped forever. An experienced real estate lawyer can help you find a solution.
Foreclosure Alternatives Are Possible With Experienced Representation
For more than 20 years, attorney Leo T. White has offered experienced residential and commercial real estate services. A large portion of his real estate law practice is devoted to providing relief to clients on the brink of a foreclosure. If you are upside down on your mortgage or have fallen behind on your mortgage payments, you do not have to live in fear of your financial situation. Attorney Leo White can help you understand ways to save your home and avoid a foreclosure.
Many people delay dealing with the threat of a foreclosure as long as possible. Unfortunately, if you wait too long, you will have fewer options to try and save your home. Contact Leo T. White as soon as possible for a complimentary consultation. He understands the fears keeping you up at night and is committed to addressing them head-on with real solutions.
Committed to Helping You Avoid a Foreclosure
If your financial situation has ballooned out of control, you may feel like you are in a hopeless situation. Whether you recently became a first-time homeowner or raised your children in the same home you are living in today, you had dreams for your real estate investment. This is not how you expected your future to play out.
At the Law Offices of Leo T. White, LLC, we understand everything you stand to lose from a foreclosure — your retirement nest egg, your dreams and the place you call home. You probably know all too well about the risk of a foreclosure. We are committed to helping you avoid that outcome. Attorney Leo T. White has extensive experience helping clients gain a fresh start when facing the threat of a foreclosure. During an initial consultation, he can walk you through some strategies that could help you avoid a foreclosure, such as:
- Short sale — If you are on the brink of a foreclosure, you may find relief through a short sale. Attorney Leo White is highly effective at negotiating with lenders to allow home owners to sell their homes for less than the amount owed on the mortgage. This type of strategy would allow you to move forward with your life without being held responsible for the remaining amount owed to your lenders. Your credit will also not take as much of a hit as it would if you foreclosed on your home.
- Deed in lieu of foreclose — If you are okay walking away from your home, you may want to consider a deed in lieu of a foreclosure. This is a proactive measure homeowners take by giving their home back to their lender. In exchange, the lender agrees to call off the foreclosure. Attorney Leo White can guide you through this process to ensure your lender agrees in writing to not pursue the money you owe him or her.
- Mortgage modifications — If you are committed to keeping your home, modifying your mortgage may make this possible. Attorney Leo White is highly effective at negotiating in terms lenders pay attention to. He can see if your lender will agree to change the terms of your existing loan. Mr. White has successfully been able to reduce homeowners interest rates, extend the terms of their loan or negotiate for missed payments to be paid over the duration of the loan. He can try and reach a resolution that would allow you to keep your home.
Contact Us to Explore Alternatives to Foreclosure
If you are concerned about the threat of a foreclosure, not all hope is lost. You still have options. Attorney Leo White has helped hundreds of homeowners regain control of their financial situation. He can help you move forward with your life, too. Contact his law firm today for a complimentary consultation. He will take the time to listen to your goals and concerns so he can tailor his approach based on what makes sense for you.
Attorney Leo White is licensed to practice in Pennsylvania, New Jersey and New York. He is available to meet with you at his law office in New York City, or one of his convenient office locations in Pennsylvania or New Jersey.