Group Attorneys:
R. Daren Barney
Bryan J. Pack
The real estate attorneys with Barney McKenna & Olmstead, P.C. help clients plan and deal with the foreclosure quagmire caused by falling real estate values/sales and escalating adjustable rate mortgage loans. Lenders faced with increasing numbers of mortgage defaults are in turn filing record numbers of foreclosure actions. Although many lenders are accepting mortgage modification agreements to reduce loan payments and short sale payoffs, numerous over-extended borrowers have no option but foreclosure. Borrowers who receive a foreclosure notice should promptly seek advice and assistance from an experienced foreclosure attorney, or risk being placed in default status.
Our firm's real estate attorneys are experienced in negotiating with lenders to help borrowers avoid foreclosure. Lenders prefer to avoid the foreclosure process because it is time consuming, expensive, and often results in the lender owning the property. We work with lenders and borrowers to obtain mortgage modification agreements or short sale approval. Our goal is to provide sound advice to help you navigate this tumultuous real estate market. We offer affordable flat-fee rates and an atmosphere where clients are welcome to call or visit the office with questions.
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