Florida Real Estate Attorney
Law Office of Kimberly A. Abrams & Associates, P.A.
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3858 Sheridan Street Hollywood, Florida 33021 USA |
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(954) 985-9715
(954) 985-9745
www.abramsrealestatelaw.com
Contact the Firm
Law Firm Overview
The Law Office of Kimberly A. Abrams & Associates, P.A., an attorney firm in south Florida, offers legal services to buyers, sellers, lenders, investors, and loan defaulters in real estate business. The services include checking and verifying a property title, preparing real estate documents such as buyer and seller agreements and real estate title deeds. The firm also represents the buyers or sellers in all kinds of real estate or property disputes.
South Florida real estate attorney Kimberly A. Abrams, Esq., established our firm in 2000, and the firm quickly gained a reputation for offering hands-on, personalized services for its clients as well as for its diligence in handling all the finer details of a real estate law transaction. In addition, the firm is well known for working closely with its clients from the very first state of the real estate transaction to the successful completion of same, in order to keep its clients involved in the entire process and fully informed at every step along the way.
Practice Areas
Practice Areas Description
Our real estate practice includes:- Loan Modification
If you are having difficulties meeting your financial obligations with your lender, you may qualify for a loan modification. Most lenders are cooperating with their borrowers in reviewing the terms of the borrower's existing loan in conjunction with the borrower's current financial circumstances to determine if the borrower may qualify for either a temporary or permanent modification to the terms of that loan. The crux of any loan modification is a change in circumstance otherwise known as a "hardship". In order to qualify for a loan modification a borrower must demonstrate that there has been some change in circumstance or hardship that has occurred that renders it impossible for the borrower to meet his/her financial obligations. This change in circumstance or hardship can be in the form of either increased expenses or decreased income. Either way, the borrower must demonstrate to the lender that he/she can no longer afford to pay his/her mortgage payment at the current amount.
- Short Sale
If your property is "upside down" in that you owe more to your mortgage lender then your property is currently worth, then you may qualify for a short sale. In a short sale the current lender or mortgage holder allows the sale of the property for a lesser amount then what is owed to it in exchange for all of the sale proceeds resulting from that sale, less the ordinary and customary closing costs. Whether or not the lender agrees to accept these sale proceeds as full satisfaction of the underlying debt depends on each lender and the specifics of the transaction. Some of the factors considered by a lender in deciding whether to approve or disapprove a short sale include the following: market value of the property, costs of foreclosing, carrying costs if the lender forecloses, financial hardship of the borrower and the inability of the borrower to pay the deficiency at closing.
- Deed in Lieu of Foreclosure
If you can no longer afford your property and you are facing the prospect of foreclosure, your lender may agree to accept a Deed in Lieu of Foreclosure. A Deed in Lieu of Foreclosure is a conveyance of the subject property from the property owner to the current mortgage holder. The conveyance is done to avoid foreclosure proceedings. Like a short sale, whether or not the mortgage holder agrees to accept the Deed in Lieu of Foreclosure as full satisfaction of the underlying debt depends on each lender and the specifics of the transaction. Not all properties will qualify for a Deed in Lieu of Foreclosure. If there exists any liens or judgments recorded against the property owner or the property or if the property is encumbered by a second mortgage, then the property will not qualify for a Deed in Lieu of Foreclosure.
- Foreclosure Defense
If you have already been served with a foreclosure lawsuit you can fight back. By defending a foreclosure lawsuit a borrower can buy precious time to successfully negotiate a loan modification, short sale, deed in lieu of foreclosure, and/or file for bankruptcy. Sometimes, time can make the difference between saving and losing your property. Defending a foreclosure action can buy you that time. No matter what your loss mitigation/foreclosure prevention needs, the Law Office of Kimberly A. Abrams & Associates, P.A. can represent your interests and negotiate on your behalf with your current lender/mortgage holder towards the successful completion of a loan modification, short sale, Deed in Lieu of Foreclosure or to defend you in a foreclosure action.
- Drafting Real Estate Documents
We have prepared virtually every type of real estate contract or document for clients in Hollywood, the Miami area, and throughout South Florida: Residential Purchase and Sale Agreements; For Sale By Owner Purchase and Sale Agreements; Commercial Purchase and Sale Contracts; Mortgage Financing Documents; Quit Claim Deeds; Warranty Deeds; Deeds in Lieu of Foreclosure; Residential Leases; Commercial Leases; Lease-Purchase Agreements; Title Insurance; and, Real Estate Closing Documentation.
- For Sale By Owner Transactions
For sale by owner (FSBO) transactions are becoming more popular for people selling residential real estate in South Florida. With FSBO, you don’t have to pay a real estate agent's commission fee. Even as today’s unsteady market has realty companies promising lower and lower rates to sell your home, the savings can be significant. In any real estate transaction, however, you need to take steps in order to protect yourself from potentially expensive surprises and delays. Even when a real estate agent is involved, many people engage the services of an attorney to make sure someone is looking out exclusively for their best interests. If you are handling the transaction on your own, it is important to consider the advantages a lawyer can offer. To schedule a consultation about FSBO representation, contact us today.
- Real Estate Closings
At the Law Office of Kimberly A. Abrams & Associates, P.A., in Hollywood, Florida, we are thorough and detail-oriented to ensure clean and clear title and facilitate a successful sale. We represent both buyers and sellers at residential or commercial real estate closings in the Tri-County area and throughout South Florida. Contact us today.
- Real Estate Title Work
Real estate title work requires diligence and attention to detail, and that is what we provide to all of our clients at the Law Office of Kimberly A. Abrams & Associates, P.A. Since we handle a wide spectrum of real estate issues, we can serve as your closing agent and represent you in any issues related to your real estate transaction. Most importantly, we will be thorough in handling every detail, particularly those that ensure clean title.
- Real Estate Underwriting Services
At the Law Office of Kimberly A. Abrams & Associates, P.A., in Hollywood, Florida, we work with nationally recognized real estate underwriters who maintain the highest standards of quality, control and attention to detail. We, working closely with these real estate underwriters, so as to ensure that the quality of the title being transferred and/or insured is free from any potential claim or demand.
- Representation of Buyers at Real Estate Closings
A real estate purchase is a large investment, whether you are buying a home, business premises, or an investment property. The details of drafting contracts and purchase agreements, ensuring clear title and other aspects of real estate law make it important to retain an experienced attorney to handle your closing. At the Law Office of Kimberly A. Abrams & Associates, P.A., we offer buyer representation by a real estate attorney with over 15 years of experience.
- Representation of Sellers at Real Estate Closings
Representing real estate sellers at closings involves reviewing the work of the closing agent. Attorney Kimberly A. Abrams has more than 15 years of experience as a real estate lawyer, including handling both residential and commercial closings. She will ensure your interests are protected.
Attorneys
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Ms. Kimberly A. Abrams
Attorney Real Estate |
More Information on Law Office of Kimberly A. Abrams & Associates, P.A.
Hollywood, Florida Real Estate Contract LawyerFor Sale by Owner Lawyer in Hollywood, Florida
Hollywood, Florida Real Estate Closings Attorney
Real Estate Title Law Firm in Hollywood, Florida
Hollywood, FL Real Estate Underwriting Lawyer
Hollywood, Florida Foreclosure Defense Attorney
Hollywood, Florida Seller Representation Attorney
Hollywood, Florida Buyer Representation Lawyer
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