SHORT SALE - What is a short sale? A real estate short sale is when the owner's lender agrees to take less than what is currently owed on the unpaid balance. A short sale can provide mutual benefits for both the homeowner and the lender because it helps both parties avoid foreclosure.
The MLS Detectives Group has for many years been successfully representing both buyers and sellers in the negotiation of Short Sale properties.
For Sellers: we strongly suggest the involvement of legal counsel. These Short Sale specialists usually charge a minimal fee but in the end, this fee is well worth it. They engage the lender, as only a lawyer can do, and do so with a high level of efficiency and expertise but most importantly they render you legal advance related to your mortgage and tax consequences if any. With that said, the Short Sale process can take months to negotiate, so having a well-versed REALTOR like those of the MLS Detectives Group, and a Short Sale Savvy attorney, involved can ensure that you are getting the best advice possible and the process is kept moving.
For Buyers: In addition to helping you find a good value, the MLS Detectives Group will stay on top of the process to ensure that the Seller is complying with contract details and that the Short Sale process continues to advance. If you have the benefit time to negotiate a Short Sale offer to purchase, it would be to your advantage to have the very best realty representation available.