If you want to end your real estate loan obligation, a short sale may be in your best interest. A short sale is the process of selling your property, but at a price less than your loan. In order for a short sale to be completed, it is necessary to obtain the lender’s approval without agreeing to unfavorable terms.
If you are interested in learning more about a short sale and think that it may be the right option for you, contact James J. Quail & Associates, P.C. Our Massapequa real estate attorney is well-versed in short sales and can assist you through the process.
While they can be advantageous, short sales are also quite involved and can take a good deal of time to complete. There is also a lot of paperwork involved. You will have to go through negotiations with your lender and the prospective property buyer. In order to make the process of a short sale as simple as possible for you, it is in your best interest to contact a Massapequa real estate law attorney who has experience with short sales.
When you retain the legal services of Mr. Quail, you will receive hands-on assistance through the entire sale process. We negotiate with your bank and with the prospective buyers. We also draw up your contracts and ensure that they are legitimate. In short, we make a short sale as simple as possible for you.
Contact our firm to schedule a free 15-minute consultation learn more about short sales today!