Deed-in-Lieu Lawyer for Miami Beach and the Surrounding Communities
If you face foreclosure, you want an experienced attorney to help you understand your options and take the steps necessary to protect your interests. A short sale of your property or a transfer of your deed in lieu of foreclosure can keep the stigma of foreclosure from appearing on your credit record. You want a knowledgeable lawyer who will help you protect your rights, one who has worked with others in similar circumstances.
Attorney Jake Miller has protected the rights of homeowners throughout South Florida for over 15 years. He understands the emotional challenges that come with concerns about foreclosure on your mortgage. He knows from experience that every legal situation is unique, and he will take the time to learn the details of your case so he can provide counsel that meets your individualized needs. A longtime resident of the Miami-Dade County area, he understands the local real estate market and how to help you find the solutions you seek.
For a free initial consultation with an experienced short sale lawyer, contact the Law Offices of Jake Miller, LLC, or call the firm in Miami at 305-758-2020.
Miami Short Sale Lawyer
In a short sale, your bank agrees to let you sell the home for the market value, even if it is less than what you owe on your mortgage. If structured properly, your mortgage will be discharged and you will have no further obligation to your lender upon the sale of your home. You may, however, be required to recognize the difference between the amount of the sale and your loan balance as income for tax purposes. However, if you don't see any realistic prospect for catching up on your mortgage or for loan modification, a short sale will have less of an impact on your credit record than a foreclosure.
If this is the best way for you to get out from under an unmanageable mortgage debt, Attorney Miller will handle all issues related to the short sale of your home. He will work directly with your lender to negotiate the best terms for you, ensuring that the bank does not seek or enter a deficiency judgment for the full amount of your mortgage. An experienced real estate attorney, he will also review all the documentation to verify that your interests are protected.
Florida Deed in Lieu Attorney
In a deed in lieu of foreclosure, unlike a short sale, you are not required to list your home and find a buyer. Instead, you simply advise the bank that you want out of the mortgage and transfer your deed to your lender. The bank then takes the responsibility to sell the home.
Attorney Miller will also work with your lender to negotiate favorable terms, if you choose to pursue a deed in lieu of foreclosure (also known as a "keys for cash" transaction). He will gather all financial information and complete the lender packages required to finalize the transaction. He will also seek to negotiate the total discharge of your obligation to the lender upon the transfer of property.
Contact the Law Offices of Jake Miller, LLC
Attorney Miller offers a free initial consultation. To discuss the possibility of a short sale or deed-in-lieu with an experienced lawyer, contact the firm or call attorney Miller in Miami at 305-758-2020. Evening and weekend meetings can be arranged upon request. The firm is located near the Bal Harbour Mall, east of Interstate 95.
