Carman Law Firm settles 2nd mortgage at 10% of its principal balance with a full release of deficiency

The Carman Law Firm, one of South Florida's most experienced foreclosure defense firms is happy to announce that it prevented foreclosure for one of its many real estate investor clients by not only modifying the 1^st mortgage but negotiating a short payoff agreement of 10% of the principal balance of the 2^nd mortgage with a full release of any future liability allowing the investor to keep the home.

With home values plummeting and bills mounting, our client, a real estate investor for many years, was faced with the decision that countless others across the country face: accept foreclosure or find a solution to his financial dilemma.

He came to us at the right time. Combining our experience and working relationships with mortgage lenders we were able to help him to avoid the common pitfalls that many homeowners and real estate investors encounter while trying to work things out directly with their lender.

The Carman Law Firm screens prospective clients by performing a thorough assessment of their finances and analyzing the lender's loss mitigation guidelines. The firm negotiates directly with the lender to obtain the best possible solution in each case through a variety of foreclosure defense and loss mitigation strategies.

The firm is recognized for their skill and integrity having more than 28 years of experience, and participating in thousands of real estate transactions, loan modifications, short sales and foreclosure defense cases. The firm's personal attention to its clients' needs and desired results produces a customized approach that this firm delivers to each case.

We do not charge for an initial consultation, so there is no cost for you to see if we can help.