Encino Short Sale Lawyer
Protecting The Interest of Homeowners in Los Angeles County
Price Law Group offers experienced legal representation to homeowners and
Realtors® / brokers in California who are faced with the legally complex
short sale process. It only takes one phone call to have a skilled short
sale lawyer from our firm by your side. We can accelerate the process
while protecting the Homeowner's interests to achieve your desired
outcome. Our powerful team can help ensure that any issues are immediately
addressed and that the sale moves forward according to plan.
It is important to note that DRE, MLS boards, and National Brokerages
advise agents to include attorneys in their short sale transactions due
to the many legal implications involved. We provide legal counsel to sellers
to ensure their questions are answered, and they've explored all available options.
Are you looking to learn more about a short sale and how it could benefit
you? Call Price Law Group today at 866-210-1722 or
contact us online to schedule a meeting with our short sale lawyer in Encino!
What is a Short Sale?
When a homeowner and lender(s) agree to sell the home for less than the
amount owed to the lender(s), it is termed a "short sale." The
money made from the sale is turned over to the lender(s). Depending upon
the Short Sale agreement, the Homeowner's debt on the house is considered
to be fully satisfied. At times, however, the Homeowner may still be responsible
for a portion of the deficiency. We know the different options available
to you should a deficiency have to be resolved.
At our firm, we have assisted over 100,000 families in financial trouble.
We also offer our legal counsel and negotiation services to Realtors®
and Brokers.
Facts Regarding Short Sales
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Short sales have become increasingly popular in recent years, resulting
from a declining economy and housing market.
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Sometimes, a short sale can be the best solution for an individual.
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The impact of a Short Sale on your credit score will be determined by how
far behind the Homeowner is on their mortgage payments. (Foreclosure averages
anywhere between 200-400 points on your credit)
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The Seller(s) may become eligible for an FHA home loan less than two years
after Short Sale versus the minimum of 3 after Foreclosure.
- The Homeowner may remain in the property until the completion of the Short
Sale, often buying valuable time to save money.
- Deficiencies may be negotiated down to prevent the Homeowner from having to pay.
Contact Our Short Sale Attorney Today
In our firm, we treat each person individually, with a specific financial
situation and personal financial goals. There is no "one solution
fits all" regarding financial troubles. That is why we offer the
full extent of our experience and knowledge when lending you a hand. Contact
Price Law group when you have difficulties managing your mortgage payments
and seek sound financial advice.
REALTORS®, feel free to download our Short Sale Packet* here.
*Required to begin work on a listing
Request a packet or send a question to
ShortSales@pricelawgroup.com
