No matter how many weekend short sale certifications a real estate agent may hold (like CDPE or SFR), they are simply not equipped to evaluate your situation or counter the tactics used by the banks in a short sale. The only true “short sale expert” is an Attorney/Realtor® who has handled hundreds of short sale closings.
Attorneys are trained in the law and learn adversarial negotiations. Real estate agents are trained in cooperative negotiations (like the discussions between a buyer and seller in a “regular” transaction). Your situation involves a mortgage default (which is a breach of contract) and you may already be in the legal foreclosure process. Agreeing to a short sale has legal, tax and contract implications which require an evaluation by an Attorney. You are proposing a legal settlement in the form of a short sale. The approval letter from the bank is a written settlement agreement. You must have an Attorney/Realtor® to be appropriately protected.
Real estate agents are legally barred from discussing legal and tax issues, they can’t draft provisions for your protection, and they can’t review the short sale approval letter or the Arm’s-Length Affidavit. This leaves you COMPLETELY UNPROTECTED in a short sale transaction. Listing your home with just any “local” broker or a friend-of-a-friend who is a real estate agent, no matter how many short sales they may have closed, will expose you and your family to legal and financial peril.
The basic realty tasks of marketing and selling your home are actually the easiest part of a short sale. Lawyers Realty Group has a pool of interested buyers and employs extensive marketing efforts across multiple platforms. We have offices and personnel in cities throughout Southern California. We have successfully completed hundreds of short sales, and each one of our clients can rest assured that there are no “loose ends” or future collections actions that will come back to haunt them. Our clear advantage is the Attorney/Realtor® representation. Don’t be misled by a real estate agent “teaming up” with a lawyer. You need and deserve the direct representation offered by Lawyers Realty Group.
I’ve closed hundreds of short sales, and I spent over a decade of my legal career representing national banks like Bank of America, Wells Fargo and JPMorgan Chase. I know how they operate, and I know how to work within the system to help you achieve the best possible outcome for your difficult situation. Let me put that knowledge and experience to work for you. You can email me here or you can call me at (949) 613-5920.