ATLANTA FORECLOSURE ATTORNEY
Without regard to market trends, real property in the state of Georgia almost always represents a significant investment for the buyers and a substantial piece of collateral for the lenders who extend them credit.
In most cases, two contracts are involved in a Georgia real estate transaction: the purchase, which is finalized at the closing, and the mortgage or property loan. In the case of the mortgage or property loan, that contract may remain in place and in force for many years. In these situations, you need an Atlanta business litigation law firm on your side.
WHERE CAN LENDERS TURN FOR HELP?
In an ideal world, a lender would never have to foreclose on a property. The mortgage would be paid in a timely fashion until the term of the loan expires, and the buyer would retain his or her property.
Of course, this is not an ideal world. A private homeowner might lose his or her job, or a business that has financed a facility might go “belly up.” As long as a borrower continues to make payments, however, that borrower has the right to own and hold the deed on the property.
Frequently, however, when buyers become debtors and fall behind, the only way to reclaim the principle of the investment is to launch foreclosure proceedings.
Commercial real estate lenders in Georgia should partner with a law firm that will protect their interests, strengthen and facilitate relationships with borrowers, and make every transaction as smooth and as straightforward as possible.
WE ARE EXPERIENCED REAL ESTATE AND FORECLOSURE LAWYERS
Foreclosing on a property is never a pleasant experience. It usually means a considerable failure for the borrowers, but for the lender, the cost of foreclosing and reselling a property usually means that the lender will never entirely recover the full amount of the loss.
Lenders should also understand that, here in Georgia, a number of legal obstacles must be dealt with before a piece of real estate may be reclaimed. A qualified foreclosure attorney at Spaulding Law will know what it takes to prevail on your behalf.
If you are a lender in the Metro Atlanta area or anywhere in the state of Georgia, and if you need legal advice – or if you need to take legal action to deal with delinquent debtors – a skilled foreclosure attorney can help.
HOW WILL AN ATTORNEY AT SPAULDING LAW HELP YOU?
Our attorneys are always accessible and are always responsive to our clients. We handle all types of real estate contracts and foreclosures, and we know how to protect your interests.
When a borrower will not or cannot comply with his or her obligation to you, reach out to an attorney from our office – immediately – for the legal guidance that you will need. We represent banks, credit unions, private lenders, and other financiers of real property.
If you have questions regarding foreclosure, or if you need to speak personally about a specific foreclosure case with an Atlanta foreclosure attorney, contact the offices of Spaulding Law – immediately – at (470) 336-5562.
Always, our top priority is the protection of our clients’ best long-term interests. We offer sound, trustworthy legal advice and aggressive advocacy on your behalf.