Short Sales
Florida Short Sale Attorney
Evaluating Your Real Estate Options
The subprime mortgage meltdown and the decline in real estate sales and real estate values in South Florida has resulted in thousands of homeowners and real estate investors facing loss of their properties through foreclosure. Many real estate owners are simply walking away from their properties without evaluating whether there were alternatives that might have resulted in saving the property, minimizing the damage to their credit score, or avoiding a deficiency judgment.
At the Boca Raton, Miami and Plantation law offices of Marlyn J. Wiener, P.A., we believe that real estate owners should evaluate all of their options. We advise our clients of the legal consequences of the actions they may take before a property is lost to foreclosure. To arrange a consultation, contact Florida short sale lawyer Marlyn Wiener online, or call one of our three convenient locations. In Boca Raton, call 561-443-7124; in Miami, call 305-961-1175; and in Plantation, call 954-727-8160.
Experienced Real Estate Lawyer with Offices in Boca Raton, Miami and Plantation
In some cases, a short sale offers a possible solution to avoid foreclosure. In a short sale, the lender may allow a reduction of the mortgage balance and a sale of the property at a price lower than the amount owed. While there are consequences — including having to pay income tax or the potential for deficiency judgment in certain situations — we can strategize and negotiate with lenders to avoid or minimize most of them. One advantage for real estate owners is that they can short sale any of their properties, whether it is a primary residence, investment property, vacation home or rental property.
Some services we provide during short sales are:
- Reviewing your loan documents to determine the nature and extent of your obligations
- Advising you of the consequences of a default under your mortgage, including potential for deficiency judgment and cancellation of debt income
- Helping you develop the best strategy for your situation
- Negotiating with lenders and drafting, review and negotiation of agreements of sale
- Attending closings and acting as closing agent
- Serving as the title insurance agent in connection with the short sale
- Preparing a property for sale
Are you struggling with house payments in Boca Raton, Miami or Plantation? Avoid foreclosure! Attorney Marlyn Wiener can help.
The law office of Marlyn J. Wiener, P.A., offers practical solutions with a personal approach for your legal issues. We offer weekday, evening and weekend appointments, and accept credit cards for your convenience. For an appointment, contact an experienced short sale attorney online, or call us at one of our three office locations:
Boca Raton: 561-443-7124
Miami: 305-961-1175
Plantation: 954-727-8160