Mortgagee sales are an unfortunate reality of dealing with property, both residential and commercial. Whether you are a lender or a borrower, mortgagee sales can be a complex and stressful process. There are exacting statutory requirements to meet, notices and statements to serve or respond to, and often a large number of interested parties to communicate with. Failure to comply with these requirements can be costly.
Mortlock McCormack manages mortgagee sales for mortgagors and mortgagees in a cost effective, efficient manner. We can quickly prepare mortgagee notices to borrowers, prepare a default statement, and assist with attempts to achieve repayment, debt restructure, or sale of the relevant property.
Whether you are interested in achieving a compromise, or want to strictly enforce your legal rights, we tailor our advice to your instructions. From commercial subdivisions to family properties, Mortlock McCormack has the appropriate legal expertise to ensure you are in the best position to achieve a good outcome.