Distressed Properties

When your debt becomes unmanageable to the point that you can?t make regular mortgage payments, it can be overwhelming. The longer this goes on, the more your credit will be damaged, and before long, you could be facing foreclosure. You may also find that you are underwater, or living in a home that is worth far less than you owe, with no way to get out of spiraling debt. Even though it may seem hopeless, there are solutions which can help you manage your situation and move forward with your life.

At the Law Office of Laura B. Bramnick, we are devoted to helping our clients find the right answers for their Arizona housing debt problems. We are real estate attorneys who are focused on helping you find the best course of action for your circumstances.

Whether you are a borrower, seller, or buyer we can provide you with advice regarding:
  • What to expect during your short sale and how the timeline will operate
  • Foreclosure
  • Any potential tax implications of a distressed property transaction
  • How your credit may be impacted by a distressed property situation
  • The effect of filing for bankruptcy before or after your short sale or foreclosure
  • Whether your short sale may implicate Arizona’s anti-deficiency laws
  • Loan Modification Options