Vaughn Law can assist you with:
- Foreclosure Defense
- Loan Modification
- Deed in Lieu of Foreclosure
- Short Sale Consulting
- Sale of home prior to foreclosure
What is Foreclosure?
Foreclosure is the process in which the lender files an action with the court to force the sale of a piece of property, which is the security of a mortgage held by the lender, in order to pay the debt owed to the lender.
In Florida, once the lender obtains a foreclosure judgment, the property is sold at an auction. Typically, the auction is held online. The proceeds from the sale are used to pay the lender and satisfy the debt owed.
Can I stop a foreclosure?
How long does a foreclosure take in Florida?
Can I reduce my loan payment?
What if there are additional funds left over after the lender is paid in full?
What if the sale of the property was not enough to satisfy the debt?
Who pays for the Foreclosure?
What if the property is not worth the amount owed to the lender?
Private Lender Foreclosure
Is your borrower behind on their mortgage payments? Vaughn Law has experience working with private lenders to resolve or foreclose on borrowers who are unable to make mortgage payments. We will review the details of your situation and consider all options to resolve the borrower’s non-payment.
We offer straightforward and honest options on how to proceed under the circumstances. Contact Vaughn Law today at 727-223-6080 to discuss your options.
Get in touch with us
Vaughn Law offers its clients a different, more personalized and service orientated approach, by tailoring its representation to its client’s needs. At Vaughn Law, we understand that this may be an overwhelming, unfamiliar and stressful time for our clients, therefore we strive to help our clients understand the intricacies of the legal system and to keep them informed throughout the process.