Posts Categorized: Short Sale Attorney

A short sale can be emotionally devastating for borrowers, but it is the last resort if you are not able to make payments on time. When the lender approves it, that means they are willing to sell the property for less than the remaining balance you have on your mortgage. It’s a way for them… Read more »

Missed mortgage payments can eventually result in a foreclosure. You will lose your property and your credit score will suffer a severe decline with a foreclosure on your record. A short sale is possible is most scenarios and can protect your financial interests. An experienced real estate lawyer in Illinois can certainly help you with… Read more »

If you have been served a foreclosure notice or the market value of your home has become lower than your mortgage debt, short sale may seem like an attractive option to you. However, like a majority of real estate transactions, there are several legalities involved in the short sale process that can potentially affect your… Read more »

Falling behind on your mortgage and facing the possibility of losing your home or business to foreclosure can be highly stressful. Fortunately for struggling homeowners, there are ways to avoid foreclosure and find a solution to behind mortgage payments. An experienced Elgin real estate attorney can evaluate your situation and determine your legal options. One… Read more »