Negotiating a Short Sale

A short sale is an option for homeowners who would like to sell their houses. In a short sale, real estate is sold for less than the balance that is owed on the property. It is a method for avoiding foreclosure and involves the homeowner as well as the lender.

If you are facing financial hardship and fear losing your house, a short sale may be a viable option for you. With any negotiations dealing with your home it is vital that you have the legal assistance you deserve. The Maryland short sale attorneys of Chaifetz & Coyle, P.C. have the experience and professionalism to give you the support you need. Contact our offices today at 443-546-4608 to discuss your options.

Tips for Negotiating a Short Sale

The thought of selling your home due to financial constraints can be difficult. Short sales can be very complicated, so there are some steps you can take to make the process a little smoother. These include:

• Work to make your file as complete as possible
• You must have evidence that you are facing a hardship, so try and collect all your information in preparation for the questions that will be asked regarding your short sale
• Look for other similar sales that have already gone through to use in reference to your request and in support of your recommended selling price.
• Have legal support so you can be sure your rights are protected and your interests are being represented thoroughly.

Financial hardship can be devastating. That is why it is so important to make a complicated process as easy to handle as possible.

Contact Us

When you are facing the loss of your home, it is important to know all your options. Contact the Maryland mortgage modification attorneys of Chaifetz & Coyle, P.C. today at 443-546-4608 to speak to one of our knowledgeable attorneys about your situation.