Short Sale Legal Help in Beaumont, Corona, Palm Springs, San Bernardino and Orange for Over a Decade
Millions of homeowners in California are "upside down" regarding the value of their home versus how much they owe for their home. For many, remaining in their home is no longer an option. "Walking away" from the home, though, is rarely in homeowners' best interests. Many options exist, including short sales.
What Is a Short Sale (Also Known as a "Short Pay-Off" or "Pre-Foreclosure Workout"?
A short sale is an agreement with your lender(s) to accept less from the sale of your home than the amount you owe on your home. This arrangement is at NO COST to you since all fees are paid directly by the lender(s). In a lender-approved short sale, your lender releases you from the mortgage, thereby preventing foreclosure.
When Should Your Consider Short Sale as an Alternative to Foreclosure?
- When you have a financial hardship
- If you have missed mortgage payments and can't to make them up
- If you have been turned down for a loan modification or forbearance
- If you owe more on your home than it is worth
- If you care about your credit and want the ability to purchase another home in the future
Facing foreclosure is hard enough. Get the answers to your questions about short sale by calling us.
Why Would I Need a Lawyer for a Short Sale?
Short sales are challenging. They are often conducted with the cooperation of a lender that is often struggling with too few resources to manage the transaction or is generally unenthusiastic about the transaction. Short sales are also complex, involving negotiations, taxes and valuations.
Who Can Help Me Determine Whether a Short Sale Will Benefit Me and Handle the Transaction?
At Sobti Law Group, we have helped lots of clients resolve financial difficulties through bankruptcy, short sales, loan modifications and debt settlement. If you are considering moving from your home, we can:
- Meet with you to determine whether a short sale would serve your interests
- Speak to you about what options are right for your specific situation
- Set you up with a qualified broker who has the experience and moxy to negotiate with your lender on your behalf to get you the best terms on your short sale
- Review the terms or your short sale agreement to ensure you are protected against future penalties and threats
Before walking away from your home, contact a Beaumont real estate and short sale contract attorney at the Sobti Law Group. Get started now and let us show you all of your options to avoid foreclosure.
Contact Us
At Sobti Law Group, we offer free consultations, are available for Saturday appointments by request, and speak English and Spanish as well as Armenian, Russian, Arabic, Persian, Hindi, and Punjabi. To contact a Corona short sale attorney, call 888-627-8013.
