Obtaining a home mortgage modification in Florida

By Marrero, Chamizo, Marcer Law, LP,

Foreclosure Miami

Many people have faced then Foreclosure Miami court process during Miami-Dade foreclosures in many recent years. While some people have been able to save their homes by obtaining a mortgage loan modification, some still struggle with house payments they cannot afford. Although the federal government offered the Making Home Affordable Program to allow homeowners to reduce their mortgage payments by obtaining a loan modification, banks dragged out the process. One tactic wss to ask homeowners to resend the same documents over and over. Today, it appears that foreclosure miami attorneys are not seeing a growing number of people default on their loans once again.

Homeowners who hire Foreclosure Miami Attorneys are more successful in retaining their homes more than those who don’t. Here are some examples of what a lawyer can do for you:

  • Get you into the right program. The Making Home Affordable program includes a variety of options to Florida residents, including the Home Affordable Modification Program (HAMP), the Home Affordable Refinance Program (HARP), the Home Affordable Foreclosure Alternatives program (HAFA), the Home Affordable Unemployment Program (UP) and the Hardest Hit Fund (HHF). While some of these options may no longer be available, there are still other possible alternatives to avoid forecloure. A Foreclosure Miami Attorney can help you review your options and help you resolve your Miami Dade Foreclosure.
  • Represent you in negotiations with the bank. A bank is more likely to help you when they know you’ve got an attorney at your side who will safeguard your interest.

Let a Foreclosure Miami Attorney Help you Evaluate Bankruptcy as an option.

Bankruptcy includes an automatic stay that will stop foreclosure actions by a mortgage company from a Miami Dade Foreclosure. This can help give you the time you need to obtain a loan modification or resolve your financial problems. Filing bankruptcy also allows you to submit your mortgage modifications documents electronically.

At Marrero, Chamizo, Marcer Law, LP in Coral Gables, our Foreclosure Miami lawyers are here to help you obtain a mortgage modification under the federal government’s Making Home Affordable (MHA) program or other in house programs offered by lenders. We offer a free initial consultation to answer your questions.