Know more about Foreclosures from Tim McCabe

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Know more about Foreclosures from Tim McCabe © McCabe & Samiljan, LLC: www.thepropertydefender

Transcript of Know more about Foreclosures from Tim McCabe

Page 1: Know more about Foreclosures from Tim McCabe

Know more about Foreclosures from

Tim McCabe

© McCabe & Samiljan, LLC: www.thepropertydefender.com

Page 2: Know more about Foreclosures from Tim McCabe

© McCabe & Samiljan, LLC: www.thepropertydefender.com

According to Wikipedia, “Foreclosure defense is a term used to describe a set of

legal tactics and strategies used by consumer lawyers and advocates to fight and

defend lender foreclosure actions.” It is important to know that attorneys are aware

of quite a lot of strategies to save our homes from foreclosure. Their work

experience can give us the right path to face difficult financial situations.

Page 3: Know more about Foreclosures from Tim McCabe

© McCabe & Samiljan, LLC: www.thepropertydefender.com

Florida homeowners can find a sign of relief as they have ‘Law Office of Timothy

McCabe’ at their door step to help them out with foreclosures. Tim McCabe, attorney

and owner of ‘Law Office of Timothy McCabe’, explains the foreclosure procedure in a

very brief statement. He says, “The state of Florida has a judicial foreclosure process.

This means that mortgage companies must file a lawsuit in order to redeem their

collateral (your house). In the end, your home may be sold at a public auction to the

highest bidder. If no one bids on the house, the bank will take possession. In either

case, you will be evicted from your home and forced to live somewhere else.”

“The lender can obtain a judgment against you to recover the deficiency. He has to

file a separate motion/lawsuit for a deficiency once the foreclosure sale is complete.

The court then holds a hearing to decide if a deficiency judgment can be allowed

against you. At the hearing, the lender has to prove that the property value is indeed

less than what you owe.

Page 4: Know more about Foreclosures from Tim McCabe

© McCabe & Samiljan, LLC: www.thepropertydefender.com

As a borrower, you have the right to oppose your lender's claim for judgment. You will

have to prove that the property is worth more than the outstanding mortgage balance

at the time of foreclosure. You can use an appraisal or the tax assessed value of the

property to support your claim”, he adds.

We at ‘Law Office of Timothy McCabe’ understand how to help when you are the victim

of foreclosure and provide the legal counsel to find a customized solution that’s right

for you. No matter how long it takes, we offer a flat fee so you don’t have to fear any

additional costs.

Page 5: Know more about Foreclosures from Tim McCabe

© McCabe & Samiljan, LLC: www.thepropertydefender.com

About Law Office of Timothy McCabeLaw Office of Timothy McCabe, Florida's foreclosure specialists, offers flat fee

foreclosure defense rates. It is dedicated in protecting the Rights of Florida

residents throughout Miami Dade, Palm Beach & Martin Counties. Contact

(888) 679-3435 for free consultation.

Website: http://www.thepropertydefender.com/

Email: [email protected]

Phone: (888) 679-3435