Short Sale Lawyer: $995

Short Sale Attorney: $995

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 $995 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 a 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.

Our short sale lawyers look forward to helping you. Call us today.