Second Mortgage Foreclosures in Long Island
Are you facing foreclosure?
If you have a second mortgage on your home which you have defaulted on, even if your first mortgage is in good standing, you may still lose your home to foreclosure. It is important to contact a Long Island foreclosure defense attorney if you are in danger of defaulting on either your first or second mortgage.
A second mortgage is always subordinate to the first, so if you proceed with a short sale to satisfy your first mortgage, you will still be responsible for paying off your second mortgage unless this is addressed carefully with help from our firm . Our firm can help you with issues involving a second mortgage and foreclosure. If not addressed correctly, you risk the loss of the property and could also be left with huge tax liabilities and owing the shortfall when the home is sold to another buyer if your case is not managed correctly.
Blutter & Blutter has over 50 years of experience among the partners and is an established law firm in Long Island. The firm may be able to help you if your second mortgage is in default. The firm is dedicated to offering one on one service to each of their clients. While the firm is small enough for the personalized, individual legal care you are looking for, they are large enough to dedicate the time and resources needed to take on bigger, more complex cases. If you are at risk of defaulting on your second mortgage , or just need more information and to discuss your options, contact the firm to evaluate your situation and determine the best course of action for you in your individual case.
If you have a second mortgage that is going into default, you home may be foreclosed on. Contact a Long Island foreclosure defense attorney today.