Florida foreclosure attorney Steve Kramer explains the term "short sale" and how it may benefit you financially in regards to your mortgage loan.
As the economy crisis tears apart the country, it affects not only the unemployment percentage in our country but our housing as well. Many families have had to foreclose on their homes and many more are "upside down" in theirs. What this means is that they actually owe more than the house is worth. One option you have is a "short sale." Basically, you sell your property and remove yourself from the debt with the bank -- even if you owe more than it's sold for. The bank does have a possibility of charging a deficiency against you, making you pay the difference. That's why it's important to retain an attorney who understands the process and how to go about not gaining a deficiency against you. You should come out of a short sale owing nothing and being able to move on with your life, free of this debt. Watch the video now to learn more.
For more information about foreclosure law and my firm, visit our educational website at [ Ссылка ], where we discuss some of the defenses we could use to keep you in your home. If you have legal questions, I want you to call me at (877) 493-4847. I welcome your call.
The Kramer Law Firm
Main Office
999 Douglas Avenue, Suite 3333
Altamonte Springs, FL 32714
407.834.4847
Tampa Office
8875 Hidden River Pkwy, Ste 300
Tampa, FL 33637
813.975.7463
Downtown Orlando Office
37 N. Orange Avenue, Suite 500
Orlando, FL 32801
407.834.4847
