A real estate "short sale" is when a lender agrees to sell, or allow a seller to sell property at a price that is less than the mortgage balance owed. Whether you are a Purchaser looking to buy as a result of the short sale, or a Seller looking to sell and get approved for a short sale, the process can be very confusing, frustrating, and some times even impossible. Working with a qualified attorney, experienced in the short sale process, like Sciocchetti & Associates PLLC, is an absolute must.
The short sale process is not like a common real estate transaction. Typically, the short sale process takes longer and is much more involved and complex than a common transaction because you are dealing directly with a bank and negotiating to gain their approval of the deal. Without the assistance of an experienced attorney to represent you the process can be a daunting task because there are a number of complicated issues and factors involved in a short sale scenario. Furthermore, lenders require a great deal of information and documentation before the transaction can move forward. We can help get your deal done.
"Most short sale purchases or sales are rejected or fail. At Sciocchetti & Associates PLLC, we increase the odds of our clients' short sale proposals getting approved by the lender."
