Comprehending Short Sale Negotiation

Homeowners and Realtors who are faced with the complexities of a short sale in Arizona can benefit greatly from the assistance of a knowledgeable lawyer. Price Law Group is experienced in ensuring the short sale agreement is sound, your interests are protected, and the sale is completed in a speedy manner. Our powerful team can negotiate with lien holders, ensure title is clear, verify all contracts, avoid deficiency payments and unnecessary tax and other liabilities. We provide homeowners and Realtors the skilled legal representation needed to negotiate this complex process. We protect the homeowner's interests from start to finish, immediately addressing issues so the sale progresses according to plan.

Achieving a Successful Short Sale

An agreement between lender(s) and a homeowner to sell a property for less than the amount owed is call a short sale. Using the short sale as a method of foreclosure prevention has become more common in recent times. A short sale lawyer at our firm reviews the homeowner's loan to resolve any legal issues which could affect forward progress and avoid the possible legal pitfalls. DRE, MLS boards and National brokerages now require agents to include an attorney in all short sale transactions because of the many legal implications involved in these complex transactions. Advantages of using our law firm to assist in completion of a successful short sale include:

• We provide legal counsel to the seller and are successful a majority of the time in having our fees paid directly by the lender, reducing the homeowner's costs.
• The proceeds from a short sale go to the lender(s) to satisfy the loan. We know the different options available to you should a deficiency need to be resolved.
• A homeowner may remain on the property until the short sale has been completed allowing time to accumulate savings.
• Eligibility for an FHA home loan can take less than 2 years after a short sale, but will take a minimum of 3 years after a foreclosure.

Our legal team takes the time to analyze your specific financial situation and goals. A respected bankruptcy lawyer at our firm provides assistance with loan modification negotiations, creditor misconduct, tax resolution, debt settlement and other methods of gaining relief for clients who are looking for a fresh start.