Minneapolis Real Estate Lawyer
If you are behind on your mortgage payments and are facing foreclosure, don’t think that you have no say in the matter and that losing your home is the only possible outcome. You have options that could keep you in your home or at least keep you from having a foreclosure on your credit report. We can explain your options and help you get started with a solution.
At the Lang Law Office in Minnetonka, we represent clients across the Twin Cities metro area and all of Minnesota. We know how important your home is to you and your family, and we are committed to doing everything we can to help you keep it. We have substantial experience in real estate matters and we work diligently to protect your interests.
Our founding attorney, Greg Lang, is an experienced Minnetonka deeds in lieu attorney and a Minnesota State Bar Association Board Certified Real Property Specialist. He has a complete understanding of the law in these matters and he knows how to help you reach a favorable outcome.
Deeds in Lieu and Short Sales
Deeds in lieu is the process of negotiating permanent changes to the terms of your current mortgage. The goal of a deeds in lieu is to adjust the terms in a way that makes the payments affordable for the homeowner. Interest rate, term and monthly payment amount can all be negotiated in a deeds in lieu. We will represent you in these negotiations and work with your lender to arrive at more favorable terms.
A short sale happens when the mortgage amount on a house exceeds its market value. In these cases, we would negotiate with the lender to allow you to sell the house for market value and seek to have some or all of the difference forgiven. We will explain the pros and cons of a short sale and make sure you understand all your options before you make a decision.
Discuss Your Deeds in Lieu Case With an Attorney: 952-470-6361
Contact our office today to discuss your deeds in lieu questions. We will provide a complete evaluation of your case and help you understand your legal options. You can reach us by phone at 952-470-6361 or via e-mail.