Not exact matches
Short sales also generally incur fewer fees, penalties
and legal expenses when compared with
foreclosures.
Our house was scheduled for
foreclosure but the staff at Real Estate
Legal Services was able to get it postponed,
and we arranged for a
short sale instead.
Short sales help buyers, sellers,
and banks in this economy because the property is being transferred with a buyer getting a good deal; a seller obtaining a final resolution;
and the bank being able to shut the door on a home loan without having to deal with
foreclosure and all its complications (
legal fees, real estate maintenance, etc.).
You can not navigate, negotiate
and advise a Seller in a
short sale without giving
legal advice as to deficiency, deficiency laws, tax implications,
foreclosure laws / proceedings,
and sometimes bankruptcy law
and proceedings,
and divorce proceedings
and attorneys.
In addition, you Minnesota Osseo CDPE should have a experienced CPA that specializes in
short sale and foreclosure tax issues
and an attorney that can give
legal opinions once the
short sale is negotiated.
We negotiate loan modifications,
short sales, «deeds in lieu»
and other cutting edge
legal outcomes that are better for our clients than
foreclosure.
Before you sell on a
short sale or go through a
foreclosure, seek
legal and tax advice.
We are finding that Florida borrowers are shocked to learn that while they assumed that their approval letter for the
short sale, or the deed - in - lieu - of -
foreclosure deal, ended everything
and that the bank had written off the mortgage balance, that all that really happened was that there was a release of the mortgage against the property,
and there has been no
legal release of the borrower from the debt.
In addition, you Minnesota Apple Valley CDPE should have a experienced CPA that specializes in
short sale and foreclosure tax issues
and an attorney that can give
legal opinions once the
short sale is negotiated.
Because of this
legal minefield,
short sale and foreclosure leads tend to lead straight to properties that have a lot of red - tape attached.
In addition, you Minnesota West Bloomington CDPE should have a experienced CPA that specializes in
short sale and foreclosure tax issues
and an attorney that can give
legal opinions once the
short sale is negotiated.