Foreclosure Lawyer Texas
If your home is in foreclosure, you may wonder if you need to hire a Texas foreclosure lawyer or not. The answer depends on your individual situation. Some individuals may benefit from hiring a lawyer while others may not. Here are a few situations where you may want to work with a lawyer.
You Have a Defense Against Foreclosure
If you want to stay in your home and have a good defense against foreclosure, it may be in your best interest to consult a lawyer. Common defenses against foreclosure include not following proper foreclosure procedures, unfair mortgage terms and serious errors, like crediting payments to the wrong party. An experienced foreclosure lawyer can assess your case and determine if you have a viable defense against foreclosure.
You Want to Educate Yourself About the Foreclosure Laws in Your State
Foreclosure laws are complex and can vary from state to state. If you are interested in learning about these laws, you may want to speak with a foreclosure lawyer. He or she can explain the foreclosure laws in your state and clear up any confusion.
You’re an Active Military Member
There are certain benefits to being in the military, including protections against foreclosure. If you are currently in the military, you have certain rights and protections that you might not be aware of. A Texas foreclosure lawyer can inform you of these rights and make sure that the servicer follows the law.
You Want to Apply for Loan Modification
Loan modifications are designed for homeowners who can’t currently afford their mortgage. A loan modification can lower your interest, extend the loan’s term or forgive some of the principal. While you can apply for a loan modification by yourself, it may be helpful to hire a lawyer. He or she can make sure that you fill out the application correctly and improve your chances of getting it approved.
The Servicer is Dual Tracking
Dual tracking occurs when the servicer forecloses on a property while an application for a foreclosure alternative is still pending. If this has happened to you, it’s wise to consult a lawyer as soon as possible. Once a foreclosure is final, it is very difficult to get your home back. A lawyer may be able to help you get your house back before a sale happens.
When Do You Not Need a Foreclosure Lawyer?
In some situations, it may not be necessary to hire a foreclosure lawyer. For example, if you do not have a good defense against foreclosure, it may not be worth it to hire a lawyer. Likewise, if you know that you can’t afford your mortgage payments anymore, working with a lawyer is not necessary.
If you want to live in your home for free throughout the foreclosure process, you likely don’t need a lawyer either. You still own the home until the new owner obtains a title to the property.
Schedule a meeting with a Texas foreclosure lawyer from Leinart Law Firm today.