Fort Lauderdale Short Sale Attorney
The most basic definition of a short sale is that you sell your home for less than you owe on your mortgage and your mortgage lender may forgive the shortfall difference.
An experienced Fort Lauderdale short sale attorney can be your greatest asset to achieve a successful short sale. The Burgess Law Firm has an impressive record at structuring, negotiating and closing short sale transactions in South Florida. Your key to structuring a successful short sale is to team with an attorney who knows the Fort Lauderdale short sale transaction process inside and out.
Fort Lauderdale short sales are more complicated and time consuming than an average real estate transaction making it crucial to hire an experienced South Florida short sale attorney to oversee and negotiate the transaction. Our firm has a fully trained staff that is dedicated to processing short sale transactions. No one is more influential in convincing a lender to accept a short payoff than an attorney and one of the biggest challenges is getting the lender to respond in a timely manner. Having Fort Lauderdale short sale attorney representation will generally move your short sale transaction to the head of the line.
Because the short sale transaction is conditioned upon lender approval, the time period between contract to closing can be 90 days or more. The Seller must openly communicate with our Fort Lauderdale real estate law firm so that we can prove to the lender why a short sale is necessary to close a particular transaction. Our firm will work with you and your Realtor to prepare a comprehensive package to send to the lender that will include a full financial overview and petition as well as supporting documentation to prove your situation and expedite this process.
Our short sale attorneys serve Fort Lauderdale, Broward and all of South Florida.
Review our frequently asked questions regarding short sale in Fort Lauderdale.
Why would a lender agree to a Short Sale ?
What does the Seller need to know about the Short Sale process?
How does a Short Sale benefit the Seller?
What does the Buyer need to know about the Short Sale process?
Why is a Short Sale conditioned upon lender approval?
Why would the MLS listing price be lower than the price the Seller’s lender is willing to accept?
