Deed in Lieu of Foreclosure

Florida Foreclosure Defense

Deed in Lieu of Foreclosure in Florida

During hard economic times, too many Florida homeowners have found themselves burdened by an underwater mortgage. If you own a home that is worth less than what you owe on it, we understand what a difficult time this is for you; we have helped many Florida homeowners like yourself.

If you find yourself facing foreclosure in Florida, it is very important to know that you have options. At the Gregg Horowitz Law Office, we are here to protect your rights and outline your options so you can make an informed choices. One of these options may be Deed in Lieu of Foreclosure.

What is Deed in Lieu of Foreclosure in Florida?

A deed in lieu of foreclosure is, in essence, a “voluntary foreclosure” in which you leave your home in good condition and sign over your property to your lender in order to avoid legal foreclosure proceedings.

Although a deed in lieu of foreclosure does not allow you to keep your Florida property, it often allows you to avoid foreclosure proceedings such as the public auction of your house.

When negotiating a deed in lieu of foreclosure with your lender, it is very important that you reduce any risk of a deficiency judgment. This is why it is important to retain the help of a qualified Florida Foreclosure Attorney to ensure that your lender will not come after you later.

Florida Foreclosure Attorney

Before choosing deed in lieu of foreclosure, make sure you understand all the potential risks. If you are considering deed in lieu of foreclosure in Florida, you will want a qualified and experienced Florida Foreclosure Attorney to outline all of your rights, risks and benefits.

At the Gregg Horowitz Law Office, we are committed to protecting your legal rights and finding the best legal solution for your specific situation. With over 20 years experience, we have helped Florida clients to find freedom and relief from an underwater mortgage and successfully move on with their lives. Contact us today for a FREE legal consultation in Sarasota County, Florida.