Real Estate Law
The McGrath Law Firm provides legal counsel and representation to landlords and tenants in both residential and commercial transactions, including:
- Entity formation for property acquisition and liability protection
- Residential and commercial lease drafting and negotiation
- Representation of landlords and tenants in commercial and residential lease disputes
The unexpected has happened. You may have planned out your finances and negotiated an affordable loan, but after getting the keys and moving into your new Mount Pleasant home, there was a bump in the road. You may have been let go from your current job, experienced heavy medical bills, or your monthly loan payments went up and your home did not appreciate enough for you to refinance. McGrath Law Firm provides effective counsel to both residential homeowners and commercial property owners facing foreclosure. Our team is versed in all aspects of loss mitigation, including:
- Loan modifications
- Deed-in-lieu of foreclosure
- Short sales
- Forbearance agreements
When these alternatives to foreclosure don’t succeed, our team ensures that you receive all protections afforded to you and your home if litigation ensues. We can eliminate deficiency judgments, prevent wrongful foreclosures, and keep you in your home until a solution is reached between you and your lender that does not leave you homeless.
After the lender files a lawsuit, the homeowner 30 days to take action after receiving the lawsuit. If you do not respond within this time frame, you will be legally required to sell your home. This is called a judicial foreclosure, and it is imperative that you have reliable legal counsel during this time. Fortunately, the average time to fully foreclose a home can take a year or more.