Fairfield Foreclosure Relief Attorney

Despite highly publicized "help for homeowners," Fairfield, CT residents continue to lose their homes in record numbers. These homes lost to foreclosure continue throughout Fairfield County, even though proper legal representation by qualified and experienced foreclosure defense attorneys can save your home from foreclosure and maximize your chances for affordable modifications. Many people who face mortgage and other debt problems never seek qualified legal assistance like the long-term foreclosure defense attorneys at the Law Offices of Neil Crane.

 

Our local office in Bridgeport, CT has been saving Fairfield, CT homes for over three decades. To learn more about , call the experienced attorneys at the Law Offices of Neil Crane at 203-230-2233, or toll free at 1-888-249-3027. We never use voicemail – You will always speak with an attorney.

Mediation with Legal Representation Produces Modified Mortgages

Connecticut law requires that all owner occupied homes in foreclosure are eligible for mortgage mediation. This is a court process that allows homeowners to meet with bank foreclosure attorneys to discuss and present a case for the redrafting or modification of their defaulted mortgages. Mediation generally involves:

Interest Rate Reduction: This is a request to drop interest rates to a low of 2% in an effort to reduce future payments to affordable levels.

Rewriting Back-Due Balances: These past missed mortgage payments, including escrow shortfalls are called arrearages and a good mediation will generally put these payments on the back end of the loan, or re-amortize them over the life of the loan.

Prompt and Experienced Legal Representation is the Key to Mediation Success

While mediation has become a great option for experienced foreclosure defense attorneys to save your home, mediation without legal representation can be a disaster. Homeowners who appear on their own behalf without qualified counsel are losing the battle to save their homes. Mediation without representation is a lost opportunity that has led to drastically increased numbers of homes lost to foreclosure.

Banks have expert foreclosure factory attorneys seeking to take your family home. Don’t arrive in Court without a case or the strongest legal advocate possible to act on your behalf and save your home.

Banks Respond to Well-Documented Proposals from Experienced Foreclosure Defense Lawyers

Court mediators and bank attorneys do not work for you – Don’t be misled! A mediator is a court-appointed official who does not work on your behalf. Only a lawyer can represent you in court and present your case in the best possible light. At the Law Offices of Neil Crane, we’ve saved thousands of homes. We know your adversaries well, and understand how to present your case in the best possible light.

Fairfield Real Estate Market Statistics Through December 2016:

  2012 2013 2014 2015 2016 5 Year Change
No. of Sales 715 823 814 953 922 (+29%)
Median Price 490k 515k 530k 527k 539K (+10%)
Foreclosures 215 225 220 102 116 (-28%)

Fairfield Lost Homes due to Foreclosure Statistics through December 2016:

  2012 2013 2014 2015 2016 5 Year Change
Homes Lost
(Forecl. Sale)
53 44 33 33 9 (-60.9%)
Homes Lost
(Strict Forecl.)
23 24 34 30 31 (-11.4%)

To learn how experienced foreclosure defense and mediation attorneys can save your home, call the foreclosure attorneys at the Law Offices of Neil Crane at 203-230-2233 or toll free at 1-888-249-3027, or fill out our online Contact Form.

We understand and practice all the options available to save your home. Call us now at our Bridgeport office located at 10 Middle Street, Bridgeport, CT 06604.