Florida Mortgage Modification Lawyer Blog

With the unprecedented changes in the economy resulting in job loss and decreased property values, the Dellutri Law Group has expanded the Firm and offers real estate services to consumers. If you are unable to afford your home (but have no other excessive debt) and are considering filing Bankruptcy, the Dellutri Law Group may be able to offer an alternative. The Real Estate Department offers many loss mitigation options which may provide a solution. Most law firms that offer Bankruptcy services recommend the filing of Bankruptcy as the solution because they do not provide assistance with loss mitigation options such as mortgage modification, short sales, deeds-in-lieu of foreclosure or foreclosure settlement. Completion of a successful loss mitigation option may eliminate the need to file Bankruptcy.

There is an endless list of realtors and title companies who promote the ability to assist with loss mitigation options, specifically short sales. However, utilizing the services of a non-lawyer could result in the homeowner losing the one opportunity to try to accomplish a loss mitigation option alternative, leaving them with the filing of Bankruptcy as the only remaining option. It has always been important to engage the services of a real estate attorney for representation to facilitate a real estate transaction. However, with the ever changing economy, it is even more critical to engage the services of a real estate attorney who is experienced in loss mitigation options and who will be able to review all possible available options and provide counsel so that an informed decision can be made. If the best alternative is a short sale, our office will also handle the closing of the transaction with the help of our underwriter, Attorney’s Title Fund Services.