The Commercial and Real Estate attorneys at KALIS, KLEIMAN & WOLFE work with both residential and commercial property owners and tenants to handle mortgage foreclosures and real estate matters. We represent both lenders and borrowers in foreclosure litigation and all other aspects of residential and commercial foreclosures.
If a homeowner, business or property owner fails to make mortgage payments, the lender may foreclose on the property. The lender may do a statutory foreclosure without going to court or a judicial foreclosure in court, depending on state law and the terms of the mortgage contract. State laws provide strict regulations regarding proper notices and opportunities to pay before the property is sold in a foreclosure sale. Some states allow the homeowner to stay in his or her home during a foreclosure. A lender may also want to avoid foreclosure and its costs by working out an agreement with the homeowner, frequently accepting interest-only payments or partial payments in order to assist the homeowner.
Some of the mortgage foreclosure matters our firm handles include:
- Renegotiations of mortgage loan modification
- Short Sales
- Letters of Commitment
- Notices of Commencement
- Lender Violations of Florida and Federal Law
- Lender’s Failure to make required disclosures prior to closing on the loan
- Plaintiff has lost the Promissory Note or Mortgage
- Plaintiff does not own the Promissory Note or Mortgage
- Lender engaged in predatory lending practices
- Fraud by the Lender
- Wrongful Foreclosure
- Breach of Contract
The attorneys at KALIS, KLEIMAN & WOLFE have more than 20 years of experience in structuring loan transactions, negotiating documents, conducting due diligence and closing transactions. A complicated real estate situation or foreclosure matter requires a law firm that will articulate the legal complexities in plain language so that you fully understand your options and are empowered to make well-informed choices.
If you or your business needs legal help pursing or resolving an a mortgage foreclosure, loan modification, or real estate litigation matter or if you have questions regarding your legal rights, contact the experienced Commercial Litigation Attorneys at KALIS, KLEIMAN & WOLFE, the South Florida-based law firm today at (954) 791-0477.