Short Sale Attorney: $850

We now offer 24/7 online access to your file. Get instant updates and stay informed. Click here to read more.

Are you buying a Short Sale property or negotiating with your lender to sell your house, condo or coop as a Short Sale? If so, the attorneys at the Levin Law Group can help. A short sale means that the seller’s lender agrees to accept less money than it is owed, resulting in a loss for the bank.  Because the bank is agreeing to accept less money than it is owed, the short sale process can be relatively long and often complicated. Our experienced short sale lawyers are very familiar with short sale transactions and charge a flat fee of $850 from contract to closing for any short sale transaction involving a coop, condo or 1-3 family house.

FOR BUYERS OF SHORT SALE HOMES

  • Review, negotiation and explanation of the contract of sale;
  • Negotiating specific terms as to time frames, allowing the purchaser to back out within a reasonable amount of time should the short-sale approval process take too long;
  • For buyers that will be getting financing, review of the mortgage commitment and correspondence with the lending institution;
  • Resolving any pre-closing problems that may arise (including issues of repair, termites, etc.);
  • Correspondence with the seller’s attorney, title company, and lending institution;
  • Preparation for closing, including reviewing the title search to ensure there are no liens and judgments against the premises;
  • Ensuring that the seller’s short sale lender’s procedures are properly followed to avoid title problems in the future; and
  • Representation at closing.

FOR SELLERS OF SHORT SALE HOMES

  • Preparation, negotiation and explanation of the real estate contract;
  • Correspondence with the buyer’s lender to ensure the buyer is complying with the bank requirements in order to facilitate the mortgage process;
  • Correspondence with the short sale negotiator (usually  real estate agent or a third party negotiation company);
  • Correspondence with the buyer’s attorney and title company;
  • Resolving any pre-closing issues (including issues of repair, termites, etc.);
  • Preparation for closing, including obtaining payoffs for any liens and judgments against the seller and/or the premises;
  • Ensuring that the seller does not have to pay back the difference between the short sale amount and the amount of the original mortgage;
  • Ensuring that the short sale instructions are properly followed and that the seller is cleared of all future obligations; and
  • Representation at closing.

We now offer 24/7 online access to your file. Get instant updates and stay informed. Click here to read more.

Our Short Sale closing attorneys have handled many short sale transactions in all areas of New York , including all 5 boroughs of NYC (Manhattan, Brooklyn, Queens, Bronx and Staten Island), Long Island (both Nassau and Suffolk county), Westchester, Orange, Putnam and Rockland counties. Our short sale lawyers look forward to helping you. Call us today.

Please note that we also represent clients with respect to Home Refinancing.

Back to Residential Real Estate Closing Page

Brooklyn Office°

2620 E. 18th Street, Suite 2
Brooklyn, NY 11235
(718) 989-9629

Bronx Office*

2010 Williamsbridge Rd.
Bronx, NY 10461
(347) 923-3880

Dutchess Office*

42 Catherine Street
Poughkeepsie, NY 12601
(845) 208-9238

Manhattan (Downtown)*

222 Broadway, 19th Floor
New York, NY 10007
(212) 365-0934

Manhattan (Harlem)*

8 W 126th Street
New York, NY 10027
(212) 365-0934

Nassau Office*

225 Franklin Avenue, Suite 325
Great Neck, NY 11021
(516) 558-0045

Putnam Office*

Use Rockland, Dutchess or
Westchester Office
(845) 208-9238|

Queens Office*

3537 36th Street
Astoria, NY 11106
(718) 554-5652

Rockland Office*

3 E Evergreen Road
New City, NY 10956
(845) 208-9238

Staten Island Office*

307 Sand Lane
Staten Island, NY 10305
(718) 554-5687

Suffolk Office*

445 Broad Hollow Rd., Suite 25
Melville, NY 11747
(631) 306-0057

Westchester Office*

199 Main Street, 4th Floor
White Plains, NY 10601
(914) 274-2045

Essex Office*

16 Orange Street
Bloomfield, NJ 07003
(732) 474-6410

Disclaimer

° Principal Office
* By Appointment Only

Monmouth Office*

50 US Highway 9 North 125
Morganville, NJ 07751
(732) 474-6410