Posts Tagged ‘orange county’

Hiring an attorney to defend foreclosure

Tuesday, October 28th, 2008

Even if you are aware that the price of a home has dropped an average of twenty percent, nationally, since the mid-2006 peak it still may shock you that Florida is included in one of the top four states with mortgage foreclosures and that these states alone make up over 60 percent of total mortgage foreclosures in the nation. In October 2008, there were over 3000 new foreclosure filings in Orange County alone.

If you are one of the many homeowners in Orange and Seminole counties facing the possibility of a mortgage foreclosure you should be aware that there are options available for you. Understandably, the mere thought of the word “foreclosure” invokes thoughts of fear, feelings of desperation and all loss of hope in the minds of many. But the reality is, because the mortgage foreclosure process is so poorly understood, many people are too afraid to explore possible alternatives. That is why it is a good idea to consult with a mortgage foreclosure defense attorney to determine a course of action that could possibly save your home.

The worst thing to do when facing foreclosure is nothing. Experienced mortgage foreclosure defense attorneys will evaluate your situation on a case by case basis, allowing you to mount a solid defense against predatory lenders , problems with the loan itself or missing promissory notes.

Aside from simply defending your case in court, mortgage foreclosure defense attorneys can help you assess possible mortgage foreclosure alternatives and may be able to keep you in your home for several months during foreclosure proceedings. It is important to know that while filing for bankruptcy may be helpful for some, it does not have to be the only hope for all.

Florida forclosures by the nubmers: http://www.realtytrac.com/states/Florida.html