Mortgages in Port St. Lucie

A mortgage is essentially a loan, usually from a bank or other financial institution, which is based on real property. If the borrower fails to make payments on the mortgage, the institution reserves the right to repossess the property. This repossession generally takes place through the foreclosure process. If you are considering a mortgage loan, it is imperative that you understand the terms of the loan.

Even though it may feel like “free property,” obtaining a home through mortgage is never devoid of cost. A mortgage is actually quite costly, if you calculate all associated payments and interest. When you enter into a mortgage loan agreement, you are committing to repay the loan over a period of time. Most mortgages are set for a 30 year period. Just like with any other type of loan, a mortgage will have interest (either at a fixed rate or an adjustable rate) on top of the principal payments.

Need legal counsel regarding a mortgage? Schedule your case consultation by calling Crary Buchanan at (888) 899-8161 today.

How can a real estate lawyer help?

If you are considering the terms of a mortgage loan in Florida, it is helpful to consult with an experienced Port St. Lucie real estate attorney. At Crary Buchanan, our team can look over your situation and proposed mortgage and advise on any potential pitfalls with the agreement. Many times, people find they need legal help with their mortgage after they have already committed to the loan. If you can no longer make your monthly mortgage payments, it is vital to speak with our firm as soon as possible. As a general rule, the earlier an attorney is able to intervene in the foreclosure, the greater the likelihood that they can help you reach a positive resolution.

Crary Buchanan: Trusted Representation Since 1927

Our real estate lawyers at Crary Buchanan know the legalities related to mortgage or foreclosure can be daunting. Our team has over 85 years of experience fighting for our clients’ rights. You can count on professional, skilled representation of your case from a real estate attorney at our firm. It is sometimes possible to stop or delay foreclosure, but you need to take swift legal action so a lawyer can intervene before it is too late. We can take a look at your present circumstances to determine what can be done to help.

Our firm can help you look for alternatives to foreclosure, such as:

• Loan modification
• Forbearance
• Repayment plan
• Short sale
• Dee in lieu of foreclosure

Even if you are already in the midst of a foreclosure our firm may be able to help fight your case. We always tailor each legal approach to the individual client; you are never just another number when you enlist our team’s counsel. People throughout Martin County and the Treasure Coast rely on knowledgeable representation from our high-quality, relentless attorneys at Crary Buchanan.

If you or someone you know needs legal assistance with a mortgage in Florida, contact our firm today to get started.