Minneapolis Mortgage Lawyer

The proven Minneapolis mortgage lawyers at Bernick Lifson, P.A. are experienced in the effective resolution of mortgage lawsuits related to residential properties in Minnesota. Minneapolis mortgage attorneys are knowledgeable in all areas of general mortgage law, including but not limited to mortgage tax issues, mortgage refinancing, and mortgage bankruptcy claims in Minneapolis, Minnesota. Clients will have the confidence of knowing that their case is being handled by an experienced and knowledgeable Minneapolis mortgage lawyer.

The Minneapolis mortgage attorneys have experience representing clients in matters involving:

• Mortgage Bankruptcy
• Mortgage Tax
• Mortgage Refinancing
• Mortgage Finance
• Mortgage Foreclosure
• Commercial Mortgages
• Mortgage Insurance
• Mortgage Securitization

Experienced Minnesota Mortgage Attorney

A mortgage is a legal document in which the owner uses the title to residential property as security for a loan described in a promissory note. The mortgage must be signed by the owner (borrower/mortgagor), acknowledged before a notary public, and recorded with the County Recorder or Recorder of Deeds. If the owner fails to make payments on the promissory note then the lender can foreclose on the mortgage to force a sale of the real property and receive the proceeds, or receive the property itself at a public sheriff’s sale.

Before the property is sold, the mortgagor must be notified and offered an opportunity to pay all delinquent payments and costs of foreclosure to save the property. In some states, the property can be redeemed by such payment even after foreclosure. When the mortgage is paid in full, the lender is required to execute a “satisfaction of mortgage” (sometimes called a “discharge of mortgage”) and record it to clear the title to the property.

Trusted Minneapolis Mortgage Law Firm

The Minneapolis mortgage attorneys at Bernick Lifson, P.A. are distinguished by a history of successful mortgage claim recoveries through settlements and verdicts. For experienced representation in a mortgage dispute or for assistance with processing a mortgage claim, contact the Minneapolis mortgage lawyers at Bernick Lifson, P.A. in Minnesota.