Legal Question in Real Estate Law in Florida
Real Estate Properties Needing To Get Rid Of
I have several investment properties that I can no longer afford due to being swindled out of over $100,000. What do I do about getting rid of them? I have tried to sell them but have been unsuccessful to date. I cannot seem to find an attorney who can deal with this situation. Thank you for your help.
2 Answers from Attorneys
Re: Real Estate Properties Needing To Get Rid Of
NOTE: This communication is not intended as and should not be interpreted as legal advice. Rather, it is intended solely as a general discussion of legal principles. You should not rely on or take action based on this communication without first presenting ALL relevant details to a competent attorney in your jurisdiction and then receiving the attorney's individualized advice for you. By reading the "Response" to your question or comment, you agree that the opinion expressed is not intended to, nor does it, create any attorney-client relationship, nor does it constitute legal advice to any person reviewing such information, nor will it be considered an attorney-client privileged communication. If you do not agree, then stop right here, and do not read any further.
You may wish to consider personal bankruptcy if the situation warrants it. Alternatively, you can consult several more attorneys and you should be able to find one who can work with you to try and resolve your situation either by negotiating deeds in lieu of foreclosure, extensions of time to pay the loan, refinancing the debt, or simply allowing the property to be foreclosed upon.
A qualified real estate attorney should be able to advise you regarding your situation.
Scott R. Jay, Esq.
Re: Real Estate Properties Needing To Get Rid Of
Have you spoken to a realtor? I am a realtor and attorney.