If your foreclosure case is set for trial, or set for foreclosure sale or auction, we can assist you.  Many borrowers have found themselves against the wall with a pending foreclosure sale date and think that this is the end of the line for their short sale or loan modification, and this can not be further from the truth. Of course, the lender through their attorneys wants you to think this, but this is not the truth.

At my firm, we review the docket, we see what can be done to cancel the sale and then set the matter for hearing before the presiding Judge who can grant up to 120 days extension in order for the short sale or loan modification to go through. “I personally assess each clients file myself and if there is a short sale pending and the lender has not yet approved the file, the extension is almost always automatic.”   – Jacqueline A. Salcines, Esq.

The same is true for loan modifications.  The lender is under no obligation to stop a sale if the modification is pending or even on a trial stage.  The borrowers think they have an automatic stay and that the banks attorneys will advise the court to stop the sale. Home floating on a life preserver. Quite the contrary.  The bank attorneys push the files through without any regard to the modification, short sale or any other loss mitigation offer pending with the lender.

The result with a sale is a judgment against the borrowers for monies on a property no longer owned by them. This can result in garnished wages, levied assets, etc.

That’s why it is so important to hire the right real estate attorney to represent you in your foreclosure. Or, if you did not have representation and are at the end of the case, with a sale date looming, hire an attorney to stop the sale and buy more time so that a judgment can be avoided.

Call us any time to discuss the possibility of stopping your foreclosure sale.

Email me directly at J.Salcines@salcineslaw.com

Jacqueline A. Salcines, PA
706 S. Dixie Highway
Second FLoor
Coral Gables, FL 33146

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Tel:  (305) 669-5280