The Law Offices of Carmel Hehr can help you understand your foreclosure prevention options, including loan modification, short sales, and a full range of real estate services. You can trust Carmel and her team to help you make the best decisons for you and your family.
Foreclosure is a very specific legal process in which a lender attempts to recover a loan balance from the borrower unable to make full principal and interest payment on their mortgage. The lender can seize the property, evict the homeowner, and sell the home.
Typically, lenders do not initiate foreclosure action unless several payments are missed, and the process does not happen overnight. There are several stages, including proper notification, allowing the borrower time to determine the best option.
Our team will help you package your documents and financial records based on lender standards. We focus on helping you obtain a loan modification that eliminates all arrears, may reduce your monthly mortgage or interest rates. This can help avoid pending foreclosure, and assist you in paying the monthly mortgage.
Short sale properties are financially underwater, making it difficult for the owner to get out of debt. In an attempt to avoid bankruptcy or foreclosure, certain lenders will approve sale of your property for less than the mortgage debt. Our team sets the property up for sale through a Re/Max sales office, handles all negotiations, and deals with all the lienholders to ensure approval of the short sale, and release of liens.
Real Estate Services
The Law Offices of Carmel Hehr works with Nexthome Element Realty real estate agents for full service real estate needs. We assist with real estate sales, purchases, and leases for residential and commercial properties. Additionally, we offer property management and investment analysis for investment purposes.
Contact us to learn more about loan modification, short sales, and real estate sales, purchases and leases.