Protecting Your Real Property Investment
Owning a home is often the biggest investment a person makes and the feeling of ownership is part of what makes us good citizens. Purchasing property as an investment is a way for people to build wealth gradually and securely and has been used by many wise investors to become rich. The debts we incur to purchase real property are among the most important contracts we will ever sign, and signing the wrong type of contract can risk all that we have worked for.
Reviewing Deeds of Trust and Modification Contracts
Wise investors use trusted lenders, negotiate for the best loan terms and consult their real estate attorney before signing any purchase agreements. Casual investors, or those purchasing their home, most consider this an expense they can avoid and trust their mortgage brokers to get them a good deal. At Advocate Legal, we have a fiduciary duty to represent you against all other interests and we provide an affordable opportunity for you to have an experienced foreclosure attorney review your loan documents before you sign them.
If you have been offered a loan modification contract, you are probably too relieved to question the terms, but here is where a loan modification attorney is essential. The lender’s business is to move your money from you to them as quickly and efficiently as possible. Because of this, you must scrutinize the contract you are signing with extreme wariness. A loan modification may be an affordable option to help lower your payments and retain ownership of your home but it might just as easily be a scheme, such as an interest-only loan with a balloon payment, designed to turn you into a renter and the bank into your landlord.
Real Property Financing
The landscape for mortgage financing has changed since the real estate market crash we are still recovering from, but most loans originated by the big lenders are still intended to be sold to Real Estate Investment Trusts (REITs). Whether you need to finance an original purchase or refinance existing debt, the attorneys at Advocate Legal have a network of ethical mortgage brokers dedicating to protecting your interest, not the bank’s interest. At Advocate Legal, we work with you before you borrow to make sure you qualify for the best loan possible, whether it is financed by a big bank or a small credit union.
Our debt settlement attorneys offer comprehensive assistance in financing matters, from foreclosure remedies to eviction defense for tenants in a foreclosed home.
Contact Trusted Real Estate Lawyers in LA, San Bernardino, and Riverside Counties Today
With decades of experience that includes real estate matters and complex litigation, our lawyers at Advocate Legal have the knowledge and skill to help you understand and overcome real estate financing issues.