Short Sale Attorney
When facing foreclosure, short sales are one way homeowners can prevent bankruptcy and damage to their credit score. Because short sales can be a lengthy and complicated process, hiring a lawyer can ensure that your rights are protected during the process. If you are thinking about selling your home in a short sale, call DJS Law Group at (888) 266-1078 today!
What Is A Short Sale? Can It Help Me?
When a homeowner is behind on their mortgage payments, there are several steps the bank can take. The biggest of these is foreclosure. However, there are several ways that homeowners can prevent foreclosure proceedings. One of them is by selling their home through a short sale. During a short sale, the home is sold for less than the balance of the outstanding loan.
Short sales can be beneficial to both the homeowners and the lender. Foreclosure proceedings often lead to bankruptcy and a huge hit to your credit score, but a short sale does not. Homeowners who avoid foreclosure are also more attractive to lenders in the future if they decide to buy another home.
Banks often approve short sales because even though they will lose money, it is often cheaper and less time-consuming than the foreclosure process. While short sales are a great way to prevent foreclosure, the window for homeowners to take advantage of this process is a short one. This is why it is important to speak with an attorney at DJS Law Group as soon as possible.
Buying A Short Sale Property?
In a short sale, both sides of the transaction may need legal representation. This is to ensure that the sale is fair and that everyone’s rights are protected. If you are considering buying a short sale property, choose the experienced legal team at DJS Law Group. Having a knowledgeable legal team on your side can also increase the likelihood that the sale is approved by the bank and make the process go more smoothly.
Tampa’s Best Short Sale Attorneys
Whether you are the buyer or the seller in a short sale transaction, the team at DJS Law Group is here to help. We have helped short sale clients all over the Tampa Bay area including Clearwater, St. Petersburg, and surrounding cities. When you hire DJS Law Group, you can rest assured that you are getting the best possible legal representation.
Remember, the window for a short sale is a small one, so make sure to act fast. Give us a call today at (888) 266-1078 to get started!