Once the foreclosure process is complete, a lender may offer you a "cash for keys" option. This option is a money payment given by a lender to the foreclosed homeowner in exchange for walking away from their home peacefully. This option should only be considered once all other options to save your home have been exhausted. Some lenders may volunteer such an offer, however, typically a lender will attempt to decrease the costs associated with a foreclosure and thus, only reluctantly pay a fee to the homeowner who has already been foreclosed. We can negotiate such on the borrowers behalf and can use the relationships we have established with various lenders to persuade them to offer you this option.
To get started with a free and confidential consultation, please contact our office toll free or via email to speak with an attorney.
If you have already spoken with one of our attorneys, or would like to start your matter, then go to our Client Services & Forms page to sign and return the appropriate retainer agreement to our office. As soon as we receive your documents, we will contact you for additional information or documents as may be needed.
