Mortgages are often an integral part of purchasing real estate, as many buyers do not have the liquid capital to pay the purchase price up front. Unfortunately, mortgages require dealing with banking and lending institutions and the process can be quite complicated. During the mortgage process, legal issues may arise and lead to disputes over lending agreements and other matters.

If you have a dispute with a banking institution regarding a property, you should not hesitate to contact an experienced real estate lawyer at the Dickson Frohlich Phillips Burgess for help today.

Common real estate-related disputes with a financial institution

Some examples of legal issues real estate purchasers may face with a banking institution may include:

• Contract disputes
• Lender discrimination
• Lien claims or title issues
• Fraudulent or predatory lending¹

In order to prevent such issues from arising, you should always have an experienced real estate attorney at Dickson Frohlich Phillips Burgess review all written agreements before you sign them and ensure that you are not a victim of a fraudulent lender.

Attorneys facilitating dispute resolution with banking institutions

If a dispute does arise with a banking institution during a real estate transaction, an attorney can represent your best interests and stand up for your rights to the lender. An attorney can review all mortgage contracts and documents related to the property, compile statements from the seller of the real estate or other witnesses that may help your case, and more. Using such evidence, a real estate lawyer can negotiate with the banking institution or engage in alternative dispute resolution proceedings to try to settle the disagreement in your favor. If you still cannot settle the dispute, an attorney can file a legal action and represent you in court.

Contact an experienced real estate attorney for assistance today

If you have suffered financial losses or unknowingly become subject to an unfavorable contract due to a dispute with a banking institution regarding a property, you deserve to receive just compensation for your losses or an amended contract. You should contact the Dickson Frohlich Phillips Burgess in Seattle and Tacoma as soon as possible to discuss your case.

Source: https://en.wikipedia.org/wiki/Predatory_lending