Michelle C. Gehris

Real Estate Lawyers

At Botto Gilbert Schottland Lancaster, PC, our team of attorneys provides experienced representation to clients in a variety of real estate law matters. One of the main focuses of our firm is representing people who are at risk for losing their homes to foreclosure. We regularly represent clients in short sale proceedings. Contact a Woodstock real estate attorney to find out more.

Avoiding Foreclosure: Short Sales

If you are at risk for losing your home to foreclosure, you may want to consider a short sale as a legal option. In a short sale, the lender agrees to accept less than the total payoff of the mortgage loan. As a seller, a short sale allows you to sell your home for less than what is owed on your mortgage. Our McHenry County real estate attorneys can help you determine if a short sale is an appropriation option for you. It may be if:

• You owe more on your mortgage than your house is worth
• You cannot afford monthly payments on your mortgage
• The current terms of your home loan are un-modifiable

Contact Property Foreclosure Attorneys

For more information about selling your home for less than you owe (through a short sale), or any other of our real estate law services, contact our Illinois real estate lawyers. Call 815.338.3838 or 800.338.3833. We accept credit cards, offer flexible appointment scheduling, employ numerous fluent speakers of Spanish and offer payment plans. We are conveniently located just off Route 47 near the McHenry County Courthouse, and we can visit you in your home if you are unable to travel.