Pleasanton Real Estate Attorney
California Loan Modification Lawyer
With the recent economic downturn, California's real estate market was severely impacted. Residential real estate and commercial real estate were both affected. In the residential market, homeowners suddenly experienced incredible losses in the value of their real estate investments.
An experienced real estate attorney can help you face challenges like these more effectively. If you are having difficulty making the payments for your San Francisco area home or if you are ready to leave the house behind, contact me, Connie Yi. As a licensed broker and a real estate lawyer, I can help.
Minimizing tax liability and credit damage
For nearly 10 years, I worked as a certified public accountant (CPA) for one of the "Big Four" accounting firms before opening my own law firm. With that real-world experience combined with my real estate knowledge, I help homeowners right their upside-down home loans while minimizing tax liability and credit-report damage.
In my practice, I have found there are two types of clients: those who wish to stay in their homes and those who simply want to walk away. Based on the desires of my clients, I can create an action plan to help their wishes come true while avoiding foreclosure. Often, these action plans include either loan modification or short sale.
Keeping you in your home
There are a lot of scams out there, from companies claiming to be able to keep you in your home. You need to be on guard. For one thing, don't pay advance fees, because too often companies pocket that money and don't take tangible steps on your behalf. Don't sign over your deed, either, just because someone has offered to rescue you from your mortgage problems. Instead, talk it over with me, Connie Yi. I'm an experienced real estate attorney who will take the proper steps to truly help you.
Helping you walk away
If it is not economical for you to keep your house, you have options to foreclosure. One successful way is through structuring a short sale. By negotiating an acceptable short sale agreement with your lender, you can walk away from the house without having a foreclosure appear on your credit report. Unfortunately, the short sale process is cumbersome and time consuming for homeowners to attempt on their own. For example, it's important to seek a debt settlement and avoid a deficiency on the loan, which lenders would otherwise try to collect.
Putting my experience to work for you
In both short sales and other real estate matters, I have the experience necessary to negotiate agreements with lenders that benefits my clients. As an attorney with a real estate broker's license, I can work efficiently in both worlds. Further, with my CPA license I can provide tax advice to my clients and structure agreements to protect their interests.
For one-stop real estate and tax law services in San Francisco, contact me for consultation. For your convenience, I maintain four accessible locations in the Bay Area with free parking and accept all major credit cards. In addition, I speak fluent Chinese. Evening and weekend appointments are available.