Miami, Florida, Loan Modification Lawyer
When the value of a property falls to a significant degree and the property owner is in danger of defaulting on the mortgage, it may be possible to negotiate a reduction in the monthly payment owed to the bank.
At Juan F. Alban, P.A., we are highly experienced in all aspects of loan modifications and have successfully renegotiated a number of mortgages on behalf of residential property owners in the Miami area.
If a loan modification is right for you, we can achieve a significant reduction in your monthly mortgage payment and help you hold on to the property.
Call 305-477-3000 or send us an e-mail to schedule an appointment.
The Loan Modification Process
Loan modifications are not easy. Lenders are naturally quite skeptical when first approached about a mortgage modification agreement.
The key to success is to develop the documentation that convinces the lender that the value of the property has fallen significantly and the threat of default is real. As an experienced real estate law firm, we understand the South Florida real estate market. We will analyze your situation and produce compelling documentation based on a broker's input, recently closed sales and actual listings of comparable properties.
We will also analyze your financial situation and develop information that shows that default is a real possibility.
We Speak the Bank's Language
The old adage is true — money really does talk. Presented with a particular situation and the right information, banks will usually agree to a modification in the amount of the loan and its terms.
At Juan F. Alban, P.A. we understand the concerns of lenders and the way they think. We speak their language. We will work to build a strong and persuasive case that a loan modification is in the best interest of the lender.
You worked long and hard to acquire your property. With the help of Juan F. Alban, P.A., you may be able to retain ownership and achieve a reduction in your mortgage payments.
Contact an Attorney
For a consultation with Juan F. Alban, P.A., call 305-477-3000 or send us an e-mail.
