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Serving Businesses for Over 25 Years

Real Estate - Subprime Mortgages and Loan Workouts

Orange County Real Estate Attorneys

Southern California Subprime Mortgages Lawyers

Early planning is essential for any major project or decision. With millions of dollars at stake, it is important to understand how loans, interest rates and financing works before you close the deal on your home or office building.

Unfortunately, too few people consult attorneys when they purchase a home or are threatened with foreclosure. Instead, they talk to proclaimed "experts" about what to do if they can no longer afford payments. At Oswald & Yap LLP, our real estate team is comprised of ABOTA certified attorneys who are truly knowledgeable in the field. We will help you avoid foreclosures on your real property by guiding your plans for financial stability. Contact us today to learn more.

Assisting with Loan Workouts

Our firm handles loan workouts for people who are in danger of losing their homes. We negotiate with banks to set up a payment schedule that may increase the loan length, but lessen the monthly payments. For those people who entered into a subprime mortgage and tried negotiations, but still may lose their house, there are a few things you should know:

  • Properly list your property: Make certain you list your property according to current real estate trends and for a price that accurately reflects the value of the home.
  • Don't abandon your property: If your property is vandalized, you may be liable for damages. Keep it insured.
  • Keep track of HELOC records: If HELOC proceeds were used to purchase your home, you may be entitled to anti-deficiency protection.

Over 25 Years of Experience with Subprime Mortgages

Listed in the Bar Registry of Preeminent Lawyers since 1985, Oswald & Yap LLP has ABOTA Certified (less than 3 percent of trial attorneys nationally) and AV Rated* attorneys on staff ready to assist you. To find out more how we can help ease your worries on foreclosures or other real estate issues, contact our foreclosure law offices in Irvine, California, today.

We offer a free in-office consultation to all prospective clients and a willingness to work with clients regarding fee arrangements and costs. We are a minority-owned firm and WMBE certified business that is proud to serve clients from a wide range of nationalities. Our attorneys are fluent in Spanish, Korean, Mandarin, German, Taiwanese, Arabic and French.

*AV, BV and CV are registered certification marks of Reed Elsevier Properties Inc., used in accordance with the Martindale-Hubbell certification procedures, standards and policies. Martindale-Hubbell is the facilitator of a peer review rating process. Ratings reflect the confidential opinions of members of the Bar and the Judiciary. Martindale-Hubbell Ratings fall into two categories - legal ability and general ethical standards.