When face to face with imminent foreclosure, it would be good to have an expert on your corner. Today, we look at a few tips on how to secure a good foreclosure lawyer for your home. How do you secure a good one? By avoiding bad ones of course!
What is a foreclosure lawyer?
These are lawyers who specialize in foreclosure defense and foreclosure cases. If you believe that you would like to pursue legal avenues, it would be best to hire a lawyer local to your area. Foreclosure laws and processes vary from one state to the next. So a famous lawyer from a different state may be of no use to you in your home state.
Foreclosure lawyers do not only mount your defense. They can educate you with options like mortgage modification and other alternatives to foreclosure.
Be Wary If: You Get Promises about Getting To Keep Your Home
There is no real way to tell if you will get to keep your property. What you can expect a good lawyer to say is that they shall fight your case to the very best of their abilities. While it is ideal that you get to keep your home, proper lawyers shall keep you realistic about the whole process and potential outcomes.
Be Wary If: You Get Assurances of “Special Deals” They Can Secure For You
Always remember that if something seems too good to be true, it probably is. There are no special deals or shortcuts that can help save your home. If there are, those are more than likely scams and are quite illegal.
There is no sense in trying to save your home from a foreclosure only to lose it to a conman.
Be Wary If: You Are Going To Be Charged Ridiculous Fees
Proper foreclosure lawyers are quite upfront with their fees. They will have clear breakdowns of expected costs. They will have flat fees that will depend on the complexity of your case. While it is to be noted that lawyers will charge you fees for filing and other bureaucratic process, they should not be worth the cost of a brand new house.
If your case makes it to court, you can expect an hourly rate charge to come into play. A good practice is to inquire with more than one law firm as some may have free first consultation. You can get a good idea of whether or not you’re talking to a bad lawyer simply by asking for a breakdown of fees. Do not forget to compare prices. You’re already in dire straits. It would make no sense to compound the issue with further financial burdens.
Always be mindful of the overall goal. If you want to keep your home, be sure to express this to your lawyer. If they suggest an alternative, do keep an open mind. If you do not like the suggestions given to you, you are always free to consult other legal representatives that bring you comfort.