Short Sales Attorney

Law Firm Servicing Long Island and New York Metro Areas

Sometimes, when someone is truly behind on their mortgage payments, the mortgage debt is greater than the value of the home, and it does not seem like they will be able to pay back the mortgage, a mortgage holder will be willing to accept a short sale in exchange. A short sale is essentially a sale of your mortgaged property to a third party for less than the value of its current mortgage. While this is not necessarily favorable for a mortgage holder, it can seem much better than the alternative of being saddled with a foreclosed home they do not want.

The New York foreclosure lawyers at David J. Lorber & Associates will work with you to short sell your home to get the burden of your mortgage off of you. We handle a variety of issues related to short sales, including:

  • Negotiating with your mortgage holder
  • Seeking forgiveness for remaining debt
  • Fighting a deficiency judgment
  • Dealing with issues related to the real estate sale

Our lawyers will work with you to convince your lender to agree to a short sale of your home. We will also help you get forgiveness for any remaining debt from your mortgage that may remain after the short sale goes through. If your mortgage holder seeks a deficiency judgment against you, we will help you fight it to ensure you are no longer saddled with debt. A short sale can seem daunting, but for many, it is a preferable alternative to the risk of a foreclosure.

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Initial Phone Consultation

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Office Consultation

If you are facing foreclosure, do not wait until it is too late to defend your right to stay in your home. The New York lawyers at David J. Lorber & Associates have extensive experience in the area of short sales, and we will work for you to ensure your interests are protected. For comprehensive loss mitigation services in New York, call David J. Lorber & Associates, PLLC at (631) 750-0900 or fill out the form below to schedule a free consultation at our Setauket office.

 

    OFFICE LOCATION

    In addition to proudly serving their local community, David J. Lorber & Associates, PLLC serves clients from all over Long Island and the New York metro areas – all of Suffolk County (Eastern Suffolk County through Western Suffolk County), Nassau County, Queens, Brooklyn, Manhattan, Bronx and Westchester. Whether your legal needs involve estate planning or real estate law, David Lorber, Esq., can competently address your concerns for a wide variety of issues.

    Address
    100 North Country Road
    Setauket, New York 11733

    Email
    info@djlorberlaw.com

    Phone
    631.750.0900

    Office of David J. Lorber & Associates

    Click here for directions.

    OFFICE LOCATION

    In addition to proudly serving their local community, David J. Lorber & Associates, PLLC serves clients from all over Long Island and the New York metro areas – all of Suffolk County (Eastern Suffolk County through Western Suffolk County), Nassau County, Queens, Brooklyn, Manhattan, Bronx and Westchester. Whether your legal needs involve estate planning or real estate law, David Lorber, Esq., can competently address your concerns for a wide variety of issues.

    Address
    100 North Country Road
    Setauket, New York 11733

    Email
    info@djlorberlaw.com

    Phone
    631.750.0900

    Office of David J. Lorber & Associates

    Click here for directions.

    David J. Lorber & Associates, PLLC is located in Setauket, NY and serves clients in and around Setauket, Old Field, Stony Brook, Poquott, Port Jefferson, Belle Terre, Mount Sinai, Sound Beach, Rocky Point, Shoreham, Wading River, Smithtown, St. James, Head of the Harbor, Westhampton, Hampton Bays, Southold, Peconic, Greenport, Shelter Island, West Sayville, Sayville, Oakdale, Bayport, Bohemia, Blue Point, East Islip, Holbrook, Islip Terrace, Holtsville, Ronkonkoma, Central Islip, Islip, Ocean Beach, Islandia, Bay Shore, Nesconset, Hauppauge, Lake Grove, Commack, Huntington and Suffolk County.

    © Copyright 2024. David J. Lorber and Associates, PLLC. All Rights Reserved.
    This is Attorney Advertising. This web site is designed for general information only. The information presented in this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Prior results do not guarantee a similar outcome.

    David J. Lorber & Associates, PLLC is located in Setauket, NY and serves clients in and around Setauket, Old Field, Stony Brook, Poquott, Port Jefferson, Belle Terre, Mount Sinai, Sound Beach, Rocky Point, Shoreham, Wading River, Smithtown, St. James, Head of the Harbor, Westhampton, Hampton Bays, Southold, Peconic, Greenport, Shelter Island, West Sayville, Sayville, Oakdale, Bayport, Bohemia, Blue Point, East Islip, Holbrook, Islip Terrace, Holtsville, Ronkonkoma, Central Islip, Islip, Ocean Beach, Islandia, Bay Shore, Nesconset, Hauppauge, Lake Grove, Commack, Huntington and Suffolk County.

    © Copyright 2024. David J. Lorber and Associates, PLLC. All Rights Reserved.
    This is Attorney Advertising. This web site is designed for general information only. The information presented in this site should not be construed to be formal legal advice nor the formation of a lawyer/client relationship. Prior results do not guarantee a similar outcome.

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