Henderson Sachs, P.A., provides a uniquely personal service to all of our clients, whether a couple in need of a new estate plan, an individual with real estate concerns including foreclosure defense, or a foreign corporation needing local representation. Henderson Sachs, P.A., appreciates you visiting this web site but reminds you that the information contained herein is based on general facts and may not apply to specific factual situations you present.
What makes the Law offices of Henderson Sachs; P.A Law unique is their expertise in both Estate Planning and Real Estate Law. The current rise in foreclosures has given recent attention to Real Estate Law but often times decisions made on behalf of Real Estate implications only may not be the correct path without considering Estate issues.
At Henderson Sachs P.A. we believe our expertise in these two areas of law compliments one another and provide synergy offering our clients a better perspective to Make the important decisions.All information is based on Florida law, and the laws of other states may differ.
What makes the Law offices of Henderson Sachs; P.A Law unique is their expertise in both Estate Planning and Real Estate Law. The current rise in foreclosures has given recent attention to Real Estate Law but often times decisions made on behalf of Real Estate implications only may not be the correct path without considering Estate issues.
At Henderson Sachs P.A. we believe our expertise in these two areas of law compliments one another and provide synergy offering our clients a better perspective to Make the important decisions.All information is based on Florida law, and the laws of other states may differ.
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Dan manages the firm's estate planning, probate, and trust administration practices.
He graduated from Massachusetts Institute of Technology with a degree in architectural design and later graduated from Brooklyn Law School.
After working in the towering law firms of New York City, Dan moved to Florida to join a boutique estate planning firm in South Florida for a more "hands-on" legal experience.
He knew he found it in the first month, as it involved significant time hanging out on the office roof to install big blue tarps to repair damage from Hurricane Charley.
He graduated from Massachusetts Institute of Technology with a degree in architectural design and later graduated from Brooklyn Law School.
After working in the towering law firms of New York City, Dan moved to Florida to join a boutique estate planning firm in South Florida for a more "hands-on" legal experience.
He knew he found it in the first month, as it involved significant time hanging out on the office roof to install big blue tarps to repair damage from Hurricane Charley.
Question: Someone just knocked at my door, asked me my name and handed me legal documents regarding my house.
What do I do now?
Answer: Call us right away.
More than likely you have been, "served" by a process server.
If you have not made any mortgage payments in last 3 to 6 months the bank is initiating foreclosure against you.
You have a short time to respond after which your options will become very limited.
It is crucial that you respond to that document to ensure your rights as a homeowner are protected.
What do I do now?
Answer: Call us right away.
More than likely you have been, "served" by a process server.
If you have not made any mortgage payments in last 3 to 6 months the bank is initiating foreclosure against you.
You have a short time to respond after which your options will become very limited.
It is crucial that you respond to that document to ensure your rights as a homeowner are protected.
The calm has ended: Florida is again experiencing significant foreclosure filings.
Yet, hope is not lost!
In the past, homeowners found themselves in an untenable position with few real defenses to a foreclosure action.
Today, however, it is often the lender that finds itself in a difficult position.
Due to the white-hot market for mortgage securities in the mid-2000s, many lenders did not follow the rules, instead choosing to cut corners in the name of increased profit.
Today, that means that an educated homeowner, properly counseled by a knowledgeable attorney, can often forestall a foreclosure action, often by many months or years while the lender works to perfect its filing.
Yet, hope is not lost!
In the past, homeowners found themselves in an untenable position with few real defenses to a foreclosure action.
Today, however, it is often the lender that finds itself in a difficult position.
Due to the white-hot market for mortgage securities in the mid-2000s, many lenders did not follow the rules, instead choosing to cut corners in the name of increased profit.
Today, that means that an educated homeowner, properly counseled by a knowledgeable attorney, can often forestall a foreclosure action, often by many months or years while the lender works to perfect its filing.
A "short sale" is a term used for a negotiated sale of your home to a third party for less than the value you owe the bank (your lender).
This allows you to get out from under your overleveraged property on negotiated terms that often allows you relief from the full value owed, either with a waiver of deficiency amounts or an agreed payment plan.
Most importantly, a short sale allows you to avoid a foreclosure judgment.
At Henderson Sachs P.A. we use our legal and negotiating skill to find common ground agreeable to both you and your lender.
This allows you to get out from under your overleveraged property on negotiated terms that often allows you relief from the full value owed, either with a waiver of deficiency amounts or an agreed payment plan.
Most importantly, a short sale allows you to avoid a foreclosure judgment.
At Henderson Sachs P.A. we use our legal and negotiating skill to find common ground agreeable to both you and your lender.
If you decide to pursue a loan modification with your lender directly, be warned of the obvious: that your lender is fully aware that you are not represented by counsel.
You may find it difficult to know which employees of the bank or lending institution have authority to negotiate with you.
You may be sending significant personal information and documentation to one location only to discover later that another office is responsible for your case or loan.
In addition to starting over again, important legal deadlines and requirements may have been missed while you are "negotiating" because the lender's attorneys are proceeding ahead legally at the same time; this is all too common!
You may find it difficult to know which employees of the bank or lending institution have authority to negotiate with you.
You may be sending significant personal information and documentation to one location only to discover later that another office is responsible for your case or loan.
In addition to starting over again, important legal deadlines and requirements may have been missed while you are "negotiating" because the lender's attorneys are proceeding ahead legally at the same time; this is all too common!
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