Legal Question in Real Estate Law in Florida
can my home be foreclosed if an elderly person lives in it
Asked on 8/20/09, 1:29 pm
1 Answer from Attorneys
Robert Roemer
Robert Roemer
yes-if the payments have not been made the lender can foreclose on the property. However,you may have the right to modify the mortgage and potentially the loan documentation was done incorrectly at the time alone was taken out which could give you a bargaining position with the lender. I have done a substantial amount of foreclosure defense work and have been successful in many cases in putting off the foreclosure or reinstating the loan amount on the primary on different rate and terms that you can afford. If you would like to discuss this matter further e-mail me your telephone number so I can call you to discuss this further.
Answered on 8/20/09, 2:06 pm