What kind of help can I get to avoid a foreclosure auction?
If you are facing foreclosure in Florida, there are some resources available to you to help avoid the foreclosure auction. One of the first steps you can take is to contact your lender to explain the situation and explore your options for avoiding the foreclosure auction. Your lender may be willing to work out a plan to help you keep your home. Additionally, you may want to seek advice from a foreclosure defense lawyer. An experienced attorney can help you review your options and build a strong case for why you should not face foreclosure. Your foreclosure defense attorney can also help you negotiate with your lender and review any loan modification offers. In addition to negotiation and loan modification, you can also apply for foreclosure mediation. Foreclosure mediation is a court supervised process in which you and your lender work to come to a mutually beneficial agreement. During the process, an independent mediator, usually an attorney, will review your case and work to come to an agreement that is favorable to both parties. Finally, if the foreclosure process has already been initiated, you can delay the foreclosure auction with a “right of redemption” case. This essentially gives you the chance to pay off the loan balance in order to avoid the auction. You must be aware that this process is only temporary and that you should still explore the other options available to you. There are a variety of resources available to you if you’re facing foreclosure in Florida. Take the time to explore all your options and discuss them with a trusted foreclosure defense attorney to determine the best course of action for you.
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