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Short Sale Negotiations

What constitutes a short sale?

Short sales have become increasingly popular in recent years, but even though more banks will approve a well-prepared request, you will likely meet serious opposition up front. An attorney from Price Law Group will aggressively negotiate on your behalf, because with over 20 years of experience in this field, they know how important it is for you to free yourself of debt. The firm charges 1% of the purchase price, and in a majority of cases they are able to get the fees paid by the lender.

Realtors and agents are required by DRE, MLS boards and National Brokerages to involve an attorney in any short sale transactions. Short sales are significantly more complex than normal home sales, and the legal implications require the scrutiny and guidance of a trained lawyer. The attorney will advise you of effective strategies for assembling the short sale package, as well as negotiating with the bank for approval. The attorney acts as legal counsel to the seller, eliminating your liability as an agent in the sale.

Learn About all Your Options!

Do you owe more on your home mortgage than the house is worth? If selling your home would still leave you with a debt to the bank, you should speak with the team at Price Law Group today about the possibility of negotiating a short sale. A short sale will allow you to sell the property at the fair market value, and in many cases the bank will forgive the loan balance through debt settlement. You can't do a short sale without the approval of the lender, but in light of the extreme number of foreclosures, many banks are willing to cooperate to save the time and expense of a foreclosure. A short sale will allow you to free yourself of the mortgage, as well as saving your credit from the damage of a foreclosure. Contact their attorneys today, they will represent you with your bank during negotiations for a short sale so you can get rid of an upside down home loan.

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