Short Sales

A short sale is a sale of your home (house, real estate, condo, manufactured/mobile home) where the proceeds from selling your property will fall short of the balance of the debts secured by mortgages and liens against your property. Some lenders realize you cannot afford to repay the full amount of the debt secured by your property and will agree to release their mortgage or lien on your real estate by accepting less than the amount you owe for these debts. The unpaid balance owed to your creditors after the sale of your property is known as a deficiency or a deficiency balance (some people call it a shortfall).

Short Sales are often very good alternatives to foreclosures and bankruptcy. They save both you and your lender time and money, but that doesn't mean they are easy. To the contrary, short sales are time consuming and complicated. Many large banks and lenders are notorious for deceptive practices and not responding to simple and basic requests. You need a lawyer to help you with the process so you don't get tricked into making a bad agreement or get lost in the system.

Short sale agreements drafted by you or your lender may not release you from your obligation to repay your deficiency balance. Unless specific legal language is agreed to between the parties, you may think you don't owe the deficiency, but you may end up making a mistake that will cost you and/or your family tens or hundreds of thousands of dollars.

We are experienced in helping people and businesses with short sales, and we offer very affordable rates. We also know you don't have a lot of money, or you wouldn't need to consider a short sale. Lucky for you, in many instances our legal fees are mostly paid by your lender!

With our extensive knowledge of short sales along our extremely affordable rates, hiring our office to help you with your short sale is the easiest and best decision you will make today.

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By law, we must state that we are a debt relief agency helping people file for bankruptcy
protection under the bankruptcy code. We also help people resolve foreclosures and debts
without filing bankruptcy.