Foreclosure consultants are experts in foreclosure basics and have knowledge of all the foreclosure options that are available to homeowners to save their homes from foreclosure. Most homeowners do not understand the foreclosure process. They do not know what to do, and do not know how to defend themselves. Many homeowners are turning to foreclosure consultants/attorneys for help. Every homeowner facing foreclosure should have a thorough understanding of foreclosure basics. A foreclosure defense attorney can explain the foreclosure process to you, and advise you of the best way to fight a foreclosure.
Where to Find an Attorney?
You should consult with a real estate foreclosure defense attorney. If your lender has already filed a foreclosure action against you, the attorney will be able to help you fight the foreclosure. If you don’t know a good foreclosure defense attorney, here are some suggestions on where to find one:
- Referral from your Realtor, friend or family member
- Another attorney that you do business with
- State Bar Association
- Internet
Most attorneys offer a free consultation. You might want to interview a couple attorneys before making a final decision on which one you want to hire. You should ask the following questions during the interview:
- What their fee is for their services
- Years of experience
- How much time will be involved, and how long it will take them to resolve the matter
- How they will be communicating with you and how often
- Their success rate negotiating short sales, mortgage modifications and other foreclosure prevention alternatives
- What type of work they will be performing, i.e., court filings and appearances, negotiating, letter writing, telephone calls, etc.
- Will they be working on your matter or delegating to paralegals and law clerks
Duties the Attorney Performs
A foreclosure defense attorney prepares legal documents and correspondence, represents you in court and negotiates with your lender. The attorney can also conduct a forensic loan audit to determine if your lender has violated any truth and lending and disclosure laws or committed predatory loan practices against you. If your attorney discovers any violations, your attorney can use this as a bargaining chip when negotiating with your lender. Lenders face strict fines and penalties for violating lending laws. They would rather find a solution that works for all parties.
Why Hire an Attorney?
The attorney is the only person who can legally represent you. A foreclosure defense attorney is an expert in foreclosure law and foreclosure defense. The attorney will be able to help you find a solution that works for you and your lender.
