Short Sale Attorney in Palmdale
Short Sale Negotiation
If you are a homeowner planning to negotiate a short sale or a real estate agent involved in short sales you are interested in ensuring the short sale agreement is sound, the sale is completed in a speedy fashion and your interests are protected. Negotiating with lien holders, having a clear title, ensuring all contracts and avoiding unnecessary tax and other legal liabilities and deficiency payments are just some of the services the firm provides. A Palmdale bankruptcy attorney at Price Law Group provides homeowners, Realtors and brokers the experienced legal representation required to negotiate the complex short sale process. The firm protect s the homeowner's interests while speeding up the process to obtain the result you are looking for.
Palmdale Short Sale Lawyer Serving Lancaster and the Antelope Valley
A short sale lawyer at the firm thoroughly investigates the homeowner's loan for any wrongful conduct. Working with the firm is advantageous to both the realtor and the homeowner. With one phone call you can have the advice and guidance you need to ensure that issues are quickly addressed and the sale progresses according to plan. DRE, MLS Boards and National Brokerages are now requiring agents to include an attorney in all short sale transactions because of the many legal implications. Homeowner's advantages include:
- The homeowner may remain in the property until the short sale is complete providing valuable time to accumulate savings;
- Depending upon the short sale agreement, the proceeds from the short sale satisfies the debt. The legal team at the firm is highly experienced in the different options available if there is a deficiency to be resolved.
- Eligibility for an FHA home loan takes a minimum of 3 years after foreclosure but eligibility may take less than 2 years after a short sale.
Using the short sale as a foreclosure prevention tool has become far more common in recent years. As sometimes also happens in a foreclosure sale, the lender may hold the property owner responsible for paying any deficiency in the sale price. An experienced bankruptcy lawyer at the firm can negotiate with the lender on this point also. The firm also assist s with loan modification negotiations, debt settlement and other forms of gaining relief for homeowners who are burdened financially.
Contact a Palmdale short sale negotiation attorney at the firm for help in making the deal go quickly and smoothly.