Housing Market Meltdown & Why You Need a Passionate Voice

The Housing Market Meltdown Will Have Serious Effects!

These are some of the headlines we have seen in local papers in the past:

  • “Loan Mod Plan Offers Solution for Homeowners”
  • “Modification Won’t Prevent Foreclosure”
  • “Slow Pace of Foreclosure Could Delay Housing Recovery”

What to make of this? Well, sometimes the obvious is the obvious…

  • Loan modification plans are coming and going but banks are playing “hard-ball” with everyone, especially those without the knowledge to negotiate;
  • Modifications OR short-sale negotiations DO NOT PREVENT FORECLOSURE ACTIONS (see my article on banks & “Dual Tracking”);
  • The “slow pace” of foreclosures means a fast pace is around the corner – clients have to be ready and engaged to fight the foreclosure; & …who you refer your family & friends to, does make a difference to THEM and YOU!

“Today, negotiating loan modifications and short-sales takes savvy, patience and perseverence (if you’ve tried it on your own you know what I mean!)”

We are in the midst of a housing market meltdown. Getting the short-sale closed requires a whole new set of challenges which are best met with experience and expertise. And, of course, when sued for foreclosure, you’re not looking for lawyers that sort of know what to do. You want an advocate that will work to “defend your property and preserve your rights!” Mortgage foreclosure lawsuits seem to be the culmination of a slow, drawn out financial death. The thought is debilitating to many a homeowner or investor. Yet, by defending against the foreclosure lawsuit, you put the bank to the test. At the Reyes Law Group, we understand the bank has the burden of proving their case – not the property owner. This means the lender has to show they have the right to the note and the right to foreclose. Considering the financial debacle created in the lending industry over the last decade, you’d be surprised how difficult it can be for a bank to “prove their case”. Don’t be lulled into inaction.

We can help you aggressively litigate your case, negotiate your loan modification and/or successfully close your short-sale transaction. In the end, you too deserve a passionate voice to help you fight to defend your property and preserve your rights!

Carlos J. Reyes  is the Principal of Reyes Law Group. He has been a member of the Florida Bar since 1988 and practices state-wide.  Carlos has been awarded a rating of “AV Preeminent” which is the highest possible rating in both legal ability and ethical standards by Martindale-Hubbell – a well-recognized legal resource. The RLG Legal Team also include attorneys Stephan LopezMelissa J. UlloaPhillip A. Ortiz and the RLG Legal Support Team to bring you a dedicated, experienced and dynamic legal team to handle your legal needs.

We also assist clients in the areas of: Civil LitigationReal Estate LitigationResidential Purchase & SalesCommercial Acquisitions & SalesResidential Landlord-Tenant LitigationCommercial Landlord-Tenant LitigationShort Sales NegotiationsLoan ModificationsCriminal DefenseCivil Rights ClaimsFamily LawCorporate Work, and Labor & Employment Law.

Call us for a FREE consultation at (954) 369-1993  Se Habla Español.

Visit our firm website ReyesLegal.com and review our credentials.

We are located at 150 South Pine Island Road #210, Plantation, FL 33324


The Reyes Law Group BLOG is intended to provide information to firm clients, friends and potential clients about various legal related topics. Nothing in this BLOG should be construed as legal advice or a legal opinion. Readers should not act upon the information contained in this BLOG without seeking the advice of legal counsel.

The hiring of a lawyer is an important decision that should not be based solely upon advertisement.  Before you decide, ask us to send you free information about our qualifications.


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Reyes Law Group

Reyes Law Group represents clients in a multi-disciplinary legal practice involving real estate transactions and litigation with a “footprint” that covers the State of Florida. Over the firm’s first 10 years, Reyes Law Group has closed over $100M in commercial closings, representing buyers and sellers in contract negotiations, due diligence, and the related title review and policy issuance related to closings. In litigation, the firm has commercial litigation experience focused on prosecuting or defending claims such as breach of contracts, partition actions, trade secret violations, and breach of non-competes. However, our firm’s MAIN FOCUS is assisting asset and loan portfolio managers, investors and private lenders with a “ 4-PILLAR APPROACH” to the legal challenges they face with non-performing assets: 1) LOAN WORKOUTS; 2) COMMERCIAL FORECLOSURES (across the State of Florida); 3) COMMERCIAL EVICTIONS; and 4) REO COMMERCIAL CLOSINGS.30+ years’ legal experience means - WE CAN HELP!

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