Skilled Legal Guidance from Knowledgeable Greensburg and Murrysville Mortgage Attorneys
Helping businesses and individuals understand real estate financing
Financing is the most important aspect of nearly every real estate transaction — both commercial and residential. The most common means of securing financing is through a mortgage on the purchased property. A mortgage is an agreement between you and a lender, such as a bank or a credit union. This agreement is a long-term commitment and understanding what it requires is crucial to avoiding financial troubles down the road. For commercial and investment properties, the terms of your agreement can make the difference between a profitable venture and a money pit. Our team at Long & Long, LLC has more than 90 years of collective experience helping people and businesses in Greensburg and Murrysville negotiate mortgages and make other important property decisions. As attorneys, we highly value our clients and work hard to understand their needs and goals so that we can offer practical legal guidance during their ventures.
Understanding your mortgage
During the housing crisis, foreclosures impacted many people across the United States. While there were various causes for this unfortunate situation, one important factor was that borrowers simply did not understand their mortgages. Borrowers with adjustable rate mortgages saw their initially low interest rate skyrocket, leading to unmanageable monthly payments and ultimately, foreclosure. The housing crisis was a prime example of what can happen when a person or business takes on a mortgage obligation they do not truly understand.
At Long & Long, LLC we take the time to make sure that you understand your agreement with the lender and are comfortable with the outcome. We will make sure that you, the borrower, comprehend the terms of your agreement to ensure your options remain open and your payments remain manageable. For commercial borrowers especially, it is essential that mortgage terms are tailored to your business. Our Murrysville and Greensburg real estate and mortgage attorneys can help you work with your lender to do just that.
If payment disputes arise during the term of your mortgage, our attorneys can help you understand what rights you may have under the terms of your agreement as well as other applicable laws. We can help you negotiate with your lender to resolve disputes or bring your payments to reasonable levels.
Contact us today for a free initial consultation with a mortgage attorney
Long & Long, LLC has been helping people and businesses in Murrysville and Greensburg buy and sell property for more than 50 years. Call us today at 855-805-2683 or contact us online to arrange a free consultation. Or come to our twice-weekly open house office hours.